123 Pamilla St Ottawa, Ontario K1S 3K9

4 Bedroom 5 Bathroom
Forced Air


New Price! Now An Incredible 7.23% Cap Rate On This Little Italy Fourplex, Fully Vacant Upon Completion! $2,000+ Cash Flow Even At Current Interest Rates. R4 Zoning. Massive Growth Area! Cranes In The Air Everywhere, Residential Infill On Every Street, Huge Condo Projects Underway. Hardwood Flooring Throughout; Ceramic Tile Kitchens, Bathrooms, And Showers. 4+ Private Surfaced Parking Spaces. All Units Sold Furnished. Projected Rents: Unit #1 (1 Bed) $1,595; Unit 1B (1 Bed) $1,645; Unit 2 (1 Bed W/O Living Rm) $1,495; Unit 3 (1 Bed) $1,595. Average $175/Month Laundry Income. Gross Income $6,505/Month Or $78,060/Year. All Expenses Total $13,005. Net Income $65,055. Cash Flow After Finance @3.5% Is $26,262/Year Or $2,189 Monthly Cash Flow. (id:38729)

Property Details

MLS® Number X5552612
Property Type Single Family
Community Name Ottawa
Parking Space Total 5


Bathroom Total 5
Bedrooms Above Ground 4
Bedrooms Total 4
Basement Development Unfinished
Basement Type N/a (unfinished)
Exterior Finish Brick, Stucco
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type Fourplex


Acreage No
Size Irregular 25 X 100 Ft
Size Total Text 25 X 100 Ft



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