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$118,000 · WATERFRONT DUPLEX - $118K!!!

365 Water St. Plantagenet, ON K0B 1L0

$118,000

MLS# 1072946

WATERFRONT DUPLEX! Needs TLC and some cosmetic work but all in all, where will you get a $118k investment backing on the water with a 8.22% cap rate??!! Or LIVE-IN A BIG HOUSE AND RENT A SEPARATE UNIT. FULLY RENTED, month-to-month. TWO-CAR GARAGE. MUNICIPAL WATER + SEWER. Detached mainly brick multi-unit has 2 units (5 bedrm - $1200, Bachelor - $465). Gross income - $19,980. Expenses - $9701 = $10,279 current NOI. Cap rate - 8.22%. Tenants pay NO utilities - rent is all-inclusive. In between OTTAWA and MONTREAL, backing onto South Nation River. Newer Metal Roof and the roof to the addition, Nat Gas Furnace 4 yrs old! Some windows upgraded! Own this investment + make $$ today. Easy to run, turnkey investment. WE WELCOME OFFERS!

Contact Moe to book a showing today!

Moe McIlwain - Salesperson
RE/MAX HALLMARK REALTY GROUP
613-299-3100

View MoeAndSonat's Profile Email User Phone Seller 613-299-3100 Limit Reached Log In needed
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Other Information
Ad Id30418867
CategoryHouse Sales
PostedAugust 08, 2017
Renewed November 13, 2017
Expiry December 13, 2017
Status NOT SOLD
Details New, Commercial Seller
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