Centretown investment opportunity! Potential to take possession of a VACANT building at the time of closing! 77 Florence Street is a massive 6 unit brick building! The building consists of 2 x 1 bed, 2 x 2 beds and 2 x 3 beds with NO basement units. 5 units have balconies. Common area laundry in the basement, all units separately metered, gas boiler heating, 4 parking spaces with potential for more. Rents/expenses are projected. Most furniture is included with the sale. |
Price | $1,695,000 |
Taxes: | $13412.00 |
Occupancy by: | Tenant |
Address: | 77 FLORENCE St , Ottawa Centre, K1R 5N1, Ontario |
Postal Code: | K1R 5N1 |
Province/State: | Ontario |
Legal Description: | PT LTS 13 & 14, PL 30671 , N/S FLORENCE |
Lot Size: | 39.99 x 109.00 (Feet) |
Directions/Cross Streets: | Gladstone Avenue to Bay Street to Florence Street. |
Category: | Apartment |
Insurance Expense: | $6613 |
Water Expense: | $2076 |
Gross Income/Sales: | $147600 |
Operating Expenses: | $44661 |
Net Income Before Debt: | $101208 |
Heat Type: | Water |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Ottawa |
Municipality: | Ottawa Centre |
Neighbourhood: | 4103 - Ottawa Centre |
Lot Size: | 39.99 x 109.00(Feet) |
Tax: | $13,412 |