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381 Cooper St, Ottawa, ON

Name: 381 Cooper St, For Sale in Ottawa - eXp Realty
Brand: RE/MAX HALLMARK REALTY GROUP
SKU: X13886062
Price: 1275000 CAD

House

For Sale

$--,---,---

343

MLS® X13886062

Property Details
Map

Description

Great Income property which has been highly updated - Fully Occupied by very good tenants. Property features a Commercial Tenant on the Main Floor. A 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. The luxurious 1-bedroom residential suite is located on the back part of the 2nd floor. Both residential units have their own Furnace, Central Air conditioner, & Laundry Area. Commercial tenant pays $4, 334.00/month which includes the annual commercial property tax & portion of annual property insurance; in addition the Commercial tenant pays approx. 70% of total city of Ottawa water bill for the complete property (approx. $1, 680.00 is the Commercial Tenants portion) & other usage bills such as hydro & heat. Rent for 1-Bedroom unit is $1, 575/month plus hydro & heat. Rent for 2-Bedroom unit is $2, 700/month plus hydro & heat. Total approx. Gross Income = $103, 308.00 - Approx. Total Gross Expenses to be paid by the Landlord/Owner = $26, 509.39 - Approx. Total net Income = $76, 798.61 - Approx. CAP Rate of 6.02. 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

Key Facts

Type Triplex

Levels Residential

Size -

Garage None

Taxes $17,656

Days Active 0

MLS® Number X13886062

Central VacNo

FireplaceNo

GarageNone

BasementUnfinished, Full

DrivewayGarage Type:None

HeatGas, Forced Air

A/CCentral Air

Additional Information

Roofing Shingle

Siding Brick, Other

Sewage System Public Sewer

Price History

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Home Appraisal

This property is estimated to sell between: $1,185,000 and $1,320,000.

Similar properties in this area sold on average for: $1,185,000

Expected to sell in 37 days. Similar properties sold in 37 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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