CASH-FLOW! Ottawa Rental Duplex - For Less Than $200,000!
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- Joined: February 15th, 2013, 3:54 pm
CASH-FLOW! Ottawa Rental Duplex - For Less Than $200,000!
If your looking to own a rental multi unit for a low price look no further., this property was NOT affected by any of the bad weather we've had and is currently fully rented and bringing in 1450$ 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
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