Stittsville - Munster - Richmond - 8201 - Fringewood
Stittsville - Munster - Richmond - 8201 - Fringewood
Sold For$840,900
Listed For $675,000
Sold Mar 2022
Flooring: Tile, Flooring: Vinyl, The CASHFLOW COW you’ve been waiting for! INVESTORS:5.90% Cap Rate. Monthly CASHFLOW of $1,325/ month ($15,904/year). Annual Gross Income of $48,540 split between 2 newly renovated, tenanted, turnkey & LEGAL separate units. Upper Unit-4 Bed/2 Full Bath (1 ensuite) rents for $2,120+Hydro. Lower Unit-3 Bed/2 Full Bath (1 ensuite), rents for $1,850+Hydro. Both have been built with design, function & durability in mind. The incredibly efficient boiler system, separate Hydro meters, 2021 Roof & AC, & low taxes, Timeless white kitchens, Quartz countertops, New Appliances, In-suite laundry & Luxury vinyl floors, provide the perfect ultra Low Expense and Low Maintenance investment opportunity! NOI $39,832. Huge backyard with massive deck. EXCELLENT location. Walkin
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* Values are estimates only and not a guarantee of lending or affordability.