365 Water Street
Plantagenet, Ontario K0B1L0
MLS #1072946

Residential Income
    $118,000
    Est. P&I payment: $450.68/mo
    365 Water Street, Plantagenet, Ontario K0B1L0
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    Description for 365 Water Street, Plantagenet, Ontario K0B1L0
    Return On Investment (ROI) of 20%+ with 20% down! WATERFRONT DUPLEX... assessed at $155,500 by MPAC, Lot size is 83.83 x 105.60 feet! Needs TLC and some cosmetic work but all in all, where will you get a $118k investment backing on the water with a 8.22% cap rate??!! Or LIVE-IN A BIG HOUSE AND RENT A SEPARATE UNIT. FULLY RENTED, month-to-month. TWO-CAR GARAGE. MUNICIPAL WATER + SEWER. Detached mainly brick multi-unit has 2 units (5 bedrm - $1200, Bachelor - $465). Gross income - $19,980. Expenses - $9701 = $10,279 current NOI. Cap rate - 8.22%. Tenants pay NO utilities - rent is all-inclusive. In between OTTAWA and MONTREAL, backing onto South Nation River. Newer Metal Roof and the roof to the addition, Nat Gas Furnace 4 yrs old! Some windows upgraded! Prop tax: $1994/2015. Own this investment + make $$ today. Easy to run, turnkey investment. WE WELCOME OFFERS! (id:18819)
    MLS #1072946
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    My Notes for MLS #1072946

    General Features

    • Total Number Of Units: 2
    • Levels: 2
    • Stories: 2

    Exterior Features

    • Total Parking: 4
    • Frontage Length: 83 ft ,​10 in

    Interior Features

    • Cooling: None
    • Flooring: Laminate,​Tile

    Community Features

    • Community Features: Family Oriented

    Utilities Features

    • Heating: Forced air
    • Heating Fuel: Natural gas
    • Sewer: Municipal sewage system
    • Has Cooling?: Yes

    Location

     
    Street View Not Available
    The listing information for 365 Water Street, Plantagenet, Ontario K0B1L0 was graciously provided by our friends at the listing brokerage, RE/MAX HALLMARK REALTY GROUP

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    P&I Payment $450.68
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    Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Matrix, Brokerage's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Matrix, Brokerage, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
    Last Updated 11/18/2017 at 9:28am
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