123 PAMILLA ST , Ottawa

4 Bed / 5 Bath / $899,900 / MLS® Listing #:X5552612

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New Price! Now An Incredible 7.23% Cap Rate On This Little Italy Fourplex, Fully Vacant Upon Completion! $2,000+ Cash Flow Even At Current Interest Rates. R4 Zoning. Massive Growth Area! Cranes In The Air Everywhere, Residential Infill On Every Street, Huge Condo Projects Underway. Hardwood Flooring Throughout; Ceramic Tile Kitchens, Bathrooms, And Showers. 4+ Private Surfaced Parking Spaces. All Units Sold Furnished. Projected Rents: Unit #1 (1 Bed) $1,595; Unit 1B (1 Bed) $1,645; Unit 2 (1 Bed W/O Living Rm) $1,495; Unit 3 (1 Bed) $1,595. Average $175/Month Laundry Income. Gross Income $6,505/Month Or $78,060/Year. All Expenses Total $13,005. Net Income $65,055. Cash Flow After Finance @3.5% Is $26,262/Year Or $2,189 Monthly Cash Flow. (id:10452)

Property Details

Property Type Fourplex
Square Feet
Maintenance N/A
Days On Our Website 141
Basement Unfinished - N/A (Unfinished)
Lot Dimensions 25 x 100 FT
Pool N/A
Area Ottawa
Air Conditioning N/A
Heating Natural gas - Forced air
Exterior Brick, Stucco
Parking Spaces 5
Sewers N/A
Water N/A


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