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142/144 MONTFORT STREET in Ottawa: Multi-family for sale : MLS®# 1399090
142/144 MONTFORT STREET Ottawa K1L 5P6 
$2,275,000Multi-family- Status:
- Active
- MLS® Num:
- 1399090
This is a beautiful purpose-built 4-plex. Its gross income is over $120,000 per year. It is less than two years old, so it will require very little maintenance and will not require any capital expense for some time. Quality finishes throughout including quarts counters. Very short commute to downtown. Luxury townhouses are scheduled to be built on the adjacent corner. The 3-bedroom unit is currently vacant and could make for an amazing owner-occupied building. The property could be severed in the future if you wanted, as it has separate services from the street to each side. The upper unit has 3 bedrooms and a garage; the basement unit has 2 bedrooms and in-floor heating 144 is a mirror image of 138. The builder is willing for a fair price to convert the one 3 bedroom into one two-bedroom and one one-bedroom apartment so the building would become a 5 unit and qualify under the new construction MLI CMHC financing, which gives up to 95% financing and up to 50-year amortization. (id:2493) More detailsListed by SOLID ROCK REALTY
- JUAN CARLOS ZARCO
- SOLID ROCK REALTY
- 1 (613) 617-9082
- carlos@zarcoteam.com
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40 RUSSELL STREET W in Smiths Falls: Multi-family for sale : MLS®# 1401625
40 RUSSELL STREET W Smiths Falls K7A 1P2
$325,000Multi-family- Status:
- Active
- MLS® Num:
- 1401625
What a solid Brick duplex. Property can use some updating although there are two newer gas furnaces. One for each unit. This property is oversized and may be able to be subdivided in the future. Check with the city. This was once a single family home and could be converted back. There is a tenant in the upper unit who is paying $900 per month plus utilities. The main floor is vacant and could be rented at market rent or is great for an owner occupied unit. With the rent upstairs it would cover over $100,000 of the mortgage so it is like buying a property for $225,000. as far as cash out of pocket per month if you were to occupy the main floor. Lovely yard and a two car garage that is divided so each tenant could have one half of the two car garage. (id:2493) More detailsListed by SOLID ROCK REALTY - JUAN CARLOS ZARCO
- SOLID ROCK REALTY
- 1 (613) 617-9082
- carlos@zarcoteam.com
Data was last updated July 27, 2024 at 09:45 AM (UTC)
Office Address:
5 Corvus Court
Ottawa, ON, K2Z 7E4
