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

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

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


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

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. ... nFlag=true

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