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1162 Rockingham Avenue Ottawa, Ontario K1H 8A7

Forced Air, Hot Water Radiator Heat

$3,999,999

NEWLY BUILT (2015) 12 UNIT RESIDENTIAL INVESTMENT. Here is your pension plan. Built new 2015/2016 this gorgeous 12 unit apartment building is a seldom found solid investment. Pride of ownership by builder featuring beautiful finishes throughout both inside and outside. Great curb appeal and an impressive high ceiling entry foyer. Fully maintenance free exterior with unit balconies. The 12 units consist of 3 - 3 bedroom units and 9 - 2 bedroom units. All units feature hardwood and tiled floors, granite counters, stainless steel fridge, stove, dishwasher, vented microwave/hood fans, video intercoms, and air conditioning. 4 coin laundry sets, one set per floor. 2 gas boilers with air handlers make heating very inexpensive and is included in tenants rents. 12 central air units. Different sized units range from 600 to 900 plus sq. ft. each. Parking at rear for 6. Extra parking is available next door at $50 p/m. Gross Income $261,468. Expenses $55,269. Net Income $206,199. (id:15865)

Property Details

MLS® Number 1156703
Property Type Multi-family
Neigbourhood BILLINGS BRIDGE
Community Name Billings Bridge - Alta Vista

Building

Constructed Date 2015
Exterior Finish Stone
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air, Hot Water Radiator Heat
Stories Total 3
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular * Ft X * Ft
Size Total Text * Ft X * Ft
Zoning Description Multi

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=20806556

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