CAONOttawaCentretown381 Cooper St
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381 Cooper St, Ottawa, ON

House

For Sale

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443

MLS® X13591184

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential
Size -
Garage None
Taxes $17,656
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13591184

Property Address: 381 Cooper St, Ottawa, ON, K2P0G8

Average square foot calculated using Size range provided by listing agent.

Description

Great Income property which has been highly updated - Fully Occupied by very good tenants. Property features a wonderful Commercial Tenant on Main Floor - Large 2-bedroom residential suite on part of 2nd floor & 3rd floor which features luxurious finishes, a front porch & a large 15 feet by 15 feet outdoor deck off the 3rd floor living area -1-bedroom residential suite on part of the 2nd floor. Both residential units have their own Furnace, Central Air conditioner, & Laundry Area. Commercial tenant pays for annual commercial property tax ($11, 416) divided into monthly payments & also pays portion of annual property insurance ($276 per month for a total of $3, 312.00 plus pays 70% of total city of Ottawa water bill for the complete property & other usage bill such as hydro, heat. Rent for 1-Bedroom unit is $1, 575/mth plus hydro & heat - Rent for 2-Bedroom unit is $2, 700/mth plus hydro & heat - Rent for 1st floor Commercial Tenant is $4, 334/mth plus all above listed commercial tenant costs. Total approx. Gross Income = $103, 308.00 - Approx. Total Gross Expenses to be paid by the Landlord/Owner (less the tenants portions) = $14, 728 - Approx. Total net Income = 88, 580 - Approx. CAP Rate of 6.46. Loads of updates throughout this centrally located building. The Front of the property has Heritage Designation. ***Commercial portion of the property will have HST (In Addition) Applicable to the Sale Price***Show Description
MLS® NumberX13591184
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementFull, Unfinished
DrivewayGarage Type:None
Garage Spaces
HeatGas, Forced Air
A/CCentral Air

Extras

Price History

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Home Appraisal

This property is estimated to sell between: $1,011,000 and $1,548,000.
Similar properties in this area sold on average for: $1,011,219
Expected to sell in 24 days. Similar properties sold in 24 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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381 Cooper St, Ottawa, ON
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