184 Murray Street Ottawa, Ontario K1N 5M8

$1,139,900 Sold

184 MURRAY, Ottawa, Ontario K1N 5M8
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Description


184 MURRAY, Ottawa, Ontario K1N 5M8

Directions:Murray St between Dalhousie and Cumberland St.

Excellent investment opportunity. Byward Market Fourplex. The building is in good condition, updated, and separate Utilities for each unit. Two 1 bedroom units and Two 3 bedroom units. Roof done 2017 along with other upgrades, basement unit needs to be finished. Lots of parking for tenants and extra spaces to rent to downtown workers. Fire Retrofit has been done. 2% Vacancy loss included in Analysis and Building is self Managed. Please see attachment for income Analysis. 48 hours Notice for Showings.

General Description
Status
Active
ML Number
1093424
Type of Dwelling
Fourplex
District/Neighbourhood #
4001- Lower Town
Neighbourhood Name
THE MARKET
Fronting On
South
Lot Size
33.1 x 104.96
Zoning Designation
RESIDENTIAL
Legal Description
PART OF LOT 25, PLAN 42482, S. MURRAY ST., BEING PART 3 ON 4R11560, EXCEPT PART 1 ON 4R16291, OTTAWA. T/W N736263.
Features
Age Description
Unknown
Number of Storeys
3
Number of Covered Spaces
0
Total Parking
9
Parking Description
Surfaced
Number of Hydro Meters
4
Exterior Finish
Brick
Foundation
Poured Concrete
Roofing Type
Tar & Gravel
Basement Description
Full
Basement Dev
Unfinished
Floor Coverings
Ceramic
Number of Stoves
3
Number of Refrigerators
3
Number of Washers Dryers
0
Neighbourhood Influences
Playground Nearby, Public Transit Nearby, Recreation Nearby, Shopping Nearby
Utility Information
Heat Description
Forced Air
Heating Fuel
Natural Gas
Air Conditioning Description
None
Water Supply
Municipal
Sewer Type
Sewer Connected
Current Monthly Income
Number of Bachelor Units
0
Number of 1 Bedroom Units
2
Number of 2 Bedroom Units
0
Number of 3 Bedroom Units
2
Number of Townhouse Units
0
Total Number of Units
4
Total Income per Month
0
Annual Operating Expenses
Management Expenses
0
Supply Expense
0
Annual Gross Income
61,200
Vacancy Loss Amount
1,224
Property Taxes
$9,832
Garbage Expense
0
Parking Income
14,640
Insurance Expense
2,000
Security Expense
0
Laundry Other Income
0
Total Operating Expenses
17,482
Net Oper Income Multi NOI
56,442
Annual Debt Service
0
Water Sewer Expense
1,500
Heating Expense
2,850
Hydro Expense
700
Other Expense
0
Lawn Expense
600
Maintenance Expense
$0
Total Operat Exp Pct
43.0497
Annual Gross Income
61,200
Gross Operating Income
74,616
Vacancy Percentage
2.0000
Cash Flow Amount
57,134
Financial Information
Property Taxes
$9,832
Property Tax Year
2017
Lease Type
Gross

Details


Building Type Fourplex
Listing ID 1093424
Price $1,139,900
Property Type Sold
Country Canada
State/Province Ontario
distance: 5,528 Miles
Address 184 MURRAY, Ottawa, Ontario K1N 5M8
Category

Location