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$599,000
374-378 MONTFORT STREET
Ottawa, Ontario, Ontario, K1L5N1
MLS® Number: X12414271
Property description
Great starter investment property with upside. Legal Triplex in generally good condition. Fairly long term tenants in upper two units. Lower level has just been completely renovated and awaits a new tenant. Main floor tenants have use of half the yard. There are convenient storage lockers for each unit for bikes etc. in the rear. Both upper units have a bonus "solarium " room that serves as great flex space. See attached Floor plans to see layouts. Full income and expense statement will be attached to the listing. NOI ( before debt service) is $28804.00. Rents are extremely reasonable: Main floor ( 374) $1158, Second floor ( 376) $1742 and Lower Level ( 378) estimate at $1200 ( same rental rate as prior to the renovation). Landlord currently paying for Hydro but it is separately metered and could be split out on tenancy renewal.
Building information
Type
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Amenities
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Appliances
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Basement Development
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Basement Type
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Cooling Type
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Exterior Finish
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Foundation Type
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Amenities
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Sewer
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Size Depth
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Size Frontage
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Size Irregular
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Size Total
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Rooms
Main level
Bathroom
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Bedroom 2
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Primary Bedroom
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Solarium
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Kitchen
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Dining room
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Living room
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Lower level
Utility room
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Bathroom
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Primary Bedroom
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Kitchen
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Living room
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Second level
Kitchen
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Dining room
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Living room
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Bedroom 2
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Bathroom
*****
Primary Bedroom
*****
Solarium
*****
Courtesy of RE/MAX HALLMARK REALTY GROUP
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