Sidebar Fav/

    Investment Opportunity: 6-plex in Winchester with a 7.7% cap rate. Prime location, short walk to the hospital. Mix includes 1x3-bed, 2x2-bed, and 3x1-bed units. Tenants cover expenses, excluding heat. Individually metered units. Efficient heating via a reliable boiler system. High rental demand ensures strong income. Well-maintained with upgrades like new windows ('16), communal hot water tank ('19), main water pump for heat ('23) and eavestrough on the extension ('23). Safety features include fire-retardant basement ('16) and a fire monitor panel ('16). Apartments have all been renovated in last 5 years. This is one of very few properties in Ottawa and surrounding with green cashflow after mortgage. Payment Structure: Downpayment - $250,000 - Mortgage payment - $6586/Mth @ 7%- Property Income $8057.83/mth - After everything paid you will profit $1471.83 / MTH free and clear or $17662/year clear! (id:24093)
    Listed by Joey Van Benthem of AVENUE NORTH REALTY INC.

    Property Details of 540 Street Lawrence Street

    Property Details

    Utilities and Appliances

    Map Location

    Never Miss New Listings

    Never miss new listings between $1,125,000 - $1,375,000 in this neighborhood
    Successfully Subscribed!
    We will never spam you or sell your details. You can unsubscribe whenever you like.

    "Based on information submitted to CREA as of February 26, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

    Hi there! How can we help you?

    Contact us using the form below or give us a call.

    Send Us A Message:

    Do not fill in this field:

    Hi there! How can we help you?

    Contact us using the form below or give us a call.

    Send Us A Message:

    Do not fill in this field:

    Hi there! How can we help you?

    Contact us using the form below or give us a call.

    Send Us A Message:

    Do not fill in this field:

    Do not fill in this field:

    Do not fill in this field:

    Do not fill in this field:

    $

    Do not fill in this field: