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$ 1,149,900
Est. payment /mo
New
164 Clarence ST Lower Town - Sandy Hill, ON K1N 5P8
9 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 4001 - Lower Town/Byward Market
MLS Listing ID X12179677
Style 3-Storey
Bedrooms 9
Annual Tax Amount $7,820
Tax Year 2024
Property Sub-Type Triplex
Property Description
This property is well located in the heart of downtown Ottawa. 3- 3 Bedrooms Apartments fully rented all above ground , great tenants. All Units have 5 appliances, fridges and stoves and washer and dryer and dishwashers. The units , are fully rented as follow: ( Apt 1 rented at $2248.00 + hydro) , ( Apt #2 rented at $2205.00 + hydro) , (Apt #3 rented at $2151.00 plus hydro) . Total yearly rental income for the 3 units ($79,248.00 ) + 4 parking spaces rented at $150 Monthly or $7200.00 yearly. = Gross Income before expenses $ 86,448.00 Total Expenses $22,332.00 as follow : ( Property Taxes $7800.00, Heat $6000.00, common hydro $561.00, Water $1,768.00, Insurance $5100.00, snow removal $1100.00) . TOTAL NET INCOME after expenses $64,116.00 Please allow 24 hours on all offers and 24 hour notice for all showings.
Location
Province ON
County Ottawa
Community 4001 - Lower Town/Byward Market
Area Ottawa
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 3
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Pool None
Roof Type Unknown
Lot Frontage 26.5
Lot Depth 100.1
Total Parking Spaces 4
Building
Foundation Stone
Listed by COLDWELL BANKER SARAZEN REALTY