123 Pamilla Street, Ottawa | Image 1

123 Pamilla Street

Ottawa, Ottawa

  • - bed - bath
$XXX,XXX Listed: $XXX,XXX
Sold

Sold on Sep 08, 2022

Note: Property is not currently for sale or for rent.

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  • Type: Fourplex

  • Style: 2 1/2 Storey

  • Lot Size: 25 x 100 Feet

  • Age: No Data

  • Taxes: $4,861 per year

  • Days on Site: 164 Days

  • Added: Mar 28, 2022 (5 months on market)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: X5552612

  • Listed By: Keller williams realty centres, brokerage

New Price! Now An Incredible 7.23% Cap Rate On This Little Italy Fourplex, Fully Vacant Upon Completion! $2,000+ Cash Flow Even At Current Interest Rates. R4 Zoning. Massive Growth Area! Cranes In The Air Everywhere, Residential Infill On Every Street, Huge Condo Projects Underway. Hardwood Flooring Throughout; Ceramic Tile Kitchens, Bathrooms, And Showers. 4+ Private Surfaced Parking Spaces. All Units Sold Furnished. Projected Rents: Unit #1 (1 Bed) $1,595; Unit 1B (1 Bed) $1,645; Unit 2 (1 Bed W/O Living Rm) $1,495; Unit 3 (1 Bed) $1,595. Average $175/Month Laundry Income. Gross Income $6,505/Month Or $78,060/Year. All Expenses Total $13,005. Net Income $65,055. Cash Flow After Finance @3.5% Is $26,262/Year Or $2,189 Monthly Cash Flow.

Status

  • Days on Market: 164

  • Last Status: Sold

  • Sold Date: Sep 08, 2022

  • Closed Date: Sep 29, 2022

  • Expiry Date: Sep 28, 2022

  • Sold Price: $795,000

  • Unavailable Date: Sep 08, 2022

  • Input Date: Mar 28, 2022

Property

  • Status: Sale

  • Property Type: Fourplex

  • Style: 2 1/2 Storey

  • Area: Ottawa

  • Community: Ottawa

  • Availability Date: Flexible

Inside

  • Bedrooms: 4

  • Bathrooms: 5

  • Kitchens: 4

  • Rooms: 16

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 5

Building

  • Basement: Unfinished

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Stucco/Plaster

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 5

  • Total Parking Spaces: 5

Fees

  • Tax Year: 2021

  • Tax Legal Description: Pt Lt 1519, Pl 38 , As In N667364 ; Ottawa/Nepean

  • Taxes: $4,861

Land

  • Cross Street: Preston St And Carli

  • Municipality District: Ottawa

  • Fronting On: North

  • Parcel Number: 041020178

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 100 Feet

  • Lot Frontage: 25 Feet

  • Zoning: R4

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Map of 123 Pamilla Street, Ottawa
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