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164 Clarence Street Ottawa, Ontario K1N 5P8

9 Bedroom 3 Bathroom 3000 - 3500 sqft
Hot Water Radiator Heat

$1,149,900

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. (id:6673)

Property Details

MLS® Number X12179677
Property Type Multi-family
Community Name 4001 - Lower Town/Byward Market
ParkingSpaceTotal 4

Building

BathroomTotal 3
BedroomsAboveGround 9
BedroomsTotal 9
BasementDevelopment Unfinished
BasementType Full (unfinished)
ExteriorFinish Brick, Stucco
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Hot Water Radiator Heat
StoriesTotal 3
SizeInterior 3000 - 3500 Sqft
Type Triplex
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 100 Ft ,1 In
SizeFrontage 26 Ft ,6 In
SizeIrregular 26.5 X 100.1 Ft
SizeTotalText 26.5 X 100.1 Ft

https://www.realtor.ca/real-estate/28380309/164-clarence-street-ottawa-4001-lower-townbyward-market

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J.p. (John) Laurin
Salesperson


Coldwell Banker Sarazen Realty
2544 Bank Street
Ottawa, Ontario K1T 1M9

Nantha Aiyadurai
Broker


Coldwell Banker Sarazen Realty
2544 Bank Street
Ottawa, Ontario K1T 1M9