48 Louisa St.

West Centertown/Little Italy  | Ottawa, ON

$1,059,900

4 unit income

An area of growth.   West Centertown/Little Italy  this  is the place to look to for investment.

This 4 unit provides good apartments with income monthly of $5466 . Tenants enjoy the easy access to public transportation, including OC Transpo, the O-Train, and LRT or just walking to shops near by. Bikers will enjoy  the nearby bike route along Preston Street leading all the way down to  Ottawa River.

On a 50 x 94 ft lot with 3 units in the house and a bungalow to the rear providing good sized units and all are occupied. Providing a Net of close to 50K a year . good value now and even better in the future .

  • Apartment Rate
    1 - 2 bedroom -$1,761.00-
    2 - 1 bachelor -$1,148.00-
    3 - 1 bedroom -$1,450.00-
    4 - 2 bedroom -$1,135.00- tenant pays own hydro for Apt#4
    ($5,494.00)

Expenses Total $15,997.94

  • Insurance $1,323.57
  • Gas $2,004.80
  • Hydro $1,935.75
  • Water: $1,617.98
  • Water tank rental 479.94
  • Taxes 6353.31
  • misc. Bank- $48.40
  • Maintenance $2,234.19

Excellent Parking .

 

 

 

JENN KEELEY 613.791.6186

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