CASH-FLOW! Ottawa Rental Duplex - For Less Than $200,000!

Do you have an investment property for sale? Are you looking to buy an investment property in a certain area? This forum is for real estate for sale or wanted. If you have other services you want to advertise contact our admin. team.
Post Reply
Message
Author
OntarioSells
Posts: 33
Joined: February 15th, 2013, 3:54 pm

CASH-FLOW! Ottawa Rental Duplex - For Less Than $200,000!

#1 Unread post by OntarioSells » November 1st, 2018, 10:55 pm

Image

If your looking to own a rental multi unit for a low price look no further., this property was NOT affected by any of the bad weather we've had and is currently fully rented and bringing in 1450$ a month

Here is a breakdown

1bed unit rented : 700$ (3rd year with tenant) lease until spring 2019 will probably want to renew again.
heat and electricity paid by tenant

2bed unit rented: 750$ rented (2nd yr with tenant) 1 yr lease until summer 2019 may want to renew again
heat and electricity paid by tenant

Current Costs
internet at. 57$ a month
property+school taxes which amounts to about (2650$ a year.) 220$/ month

PROFITABLE Property.
NO need for work to be done.. Only reason I'm selling is I need to free up credit

similar property 291-293 rue Saint Andre sold for 225k and rents for 721$+721$ and landlord pays for heating and electricity there.. Looking for best price.

similar property sold for 225k right across the street.

https://www.kijiji.ca/v-house-for-sale/ ... nFlag=true

Post Reply

Who is online

In total there are 51 users online :: 1 registered, 0 hidden and 50 guests (based on users active over the past 600 minutes)
Most users ever online was 1270 on November 10th, 2013, 11:52 pm

Users browsing this forum: Bing [Bot] and 50 guests