CAONOttawaCentretown381 Cooper St
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381 Cooper St, Ottawa, ON

House

For Sale

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343

MLS® X13591184

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential
Size -
Garage None
Taxes $17,656
Days Active 18
Lot Size 
Approx. Age 
MLS® Number X13591184

Property Address: 381 Cooper St, Ottawa, ON, K2P0G8

Average square foot calculated using Size range provided by listing agent.

Description

Great Income property which has been highly updated - Fully Occupied by very good tenants. Property features a wonderful Commercial Tenant on the Main Floor. A large 2-bedroom residential suite on part of 2nd floor & 3rd floor which features luxurious finishes, a front porch & a large 15 feet by 15 feet outdoor deck off the 3rd floor living area and a1-bedroom residential suite on part of the 2nd floor. Both residential units have their own Furnace, Central Air conditioner, & Laundry Area. Commercial tenant pays $4, 334.00/mth which includes the annual commercial property tax & portion of annual property insurance, in addition the Commercial tenant pays approx. 70% of total city of Ottawa water bill for the complete property (approx. $1, 680.00 is the Commercial Tenants portion) & other usage bills such as hydro & heat. Rent for 1-Bedroom unit is $1, 575/mth plus hydro & heat. Rent for 2-Bedroom unit is $2, 700/mth plus hydro & heat. Total approx. Gross Income = $103, 308.00 - Approx. Total Gross Expenses to be paid by the Landlord/Owner = $26, 509.39 - Approx. Total net Income = $76, 798.61 - Approx. CAP Rate of 5.61. Loads of updates throughout this centrally located building. The Front of the property has Heritage Designation. ***Commercial portion of the property will have HST (In Addition) Applicable to the Sale Price***Show Description
MLS® NumberX13591184
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementFull, Unfinished
DrivewayGarage Type:None
Garage Spaces
HeatGas, Forced Air
A/CCentral Air

Extras

Price History

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Home Appraisal

This property is estimated to sell between: $934,000 and $1,587,000.
Similar properties in this area sold on average for: $934,076
Expected to sell in 5 days. Similar properties sold in 23 days. This home has been on eXp Realty for 18 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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381 Cooper St, Ottawa, ON

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