6 Bedroom
2 Bathroom
Raised Ranch
Wall Unit
Baseboard Heaters
$849,888
Welcome to 22 Dollard, a brilliantly designed, fully legal 2-unit home in Embrun. The flagship upper unit is a beautifully renovated 3 bedroom, 1 bathroom rented for $2,204/month. The basement apartment is a newly created 3-bedroom, 1 bathroom, rented for $2,000/month. So much care & attention to detail has gone into positioning this property to be among the premier rental homes in Embrun; a town east of Ottawa that is absolutely surging in popularity. With these two spectacular units and a rapidly expanding Embrun population, you’ll never have trouble finding quality tenants and attractive rental rates. At $2,204 and $2,000 per month, these units total $4,204 monthly, annualized to $50,448. Tenants pay their own heat and hydro meaning extremely low owner operating expenses of $5,971. That leaves a stunning net income of $44,477. With incredible numbers & a low-maintenance nature, this investment is over a 5% cap rate! At 5% annual growth this home could be worth ~$3.7M in 30 years. (id:39840)
Property Details
MLS® Number
|
1340430 |
Property Type
|
Single Family |
Neigbourhood
|
Embrun |
Amenities Near By
|
Recreation Nearby |
Community Features
|
Family Oriented |
Parking Space Total
|
5 |
Structure
|
Deck |
Building
Bathroom Total
|
2 |
Bedrooms Above Ground
|
3 |
Bedrooms Below Ground
|
3 |
Bedrooms Total
|
6 |
Appliances
|
Refrigerator, Dishwasher, Dryer, Hood Fan, Stove, Washer |
Architectural Style
|
Raised Ranch |
Basement Development
|
Finished |
Basement Type
|
Full (finished) |
Constructed Date
|
1975 |
Construction Material
|
Wood Frame |
Construction Style Attachment
|
Detached |
Cooling Type
|
Wall Unit |
Exterior Finish
|
Brick, Siding |
Flooring Type
|
Vinyl |
Foundation Type
|
Block |
Heating Fuel
|
Electric |
Heating Type
|
Baseboard Heaters |
Stories Total
|
1 |
Type
|
House |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Fence Type
|
Fenced Yard |
Land Amenities
|
Recreation Nearby |
Sewer
|
Municipal Sewage System |
Size Depth
|
195 Ft |
Size Frontage
|
77 Ft ,11 In |
Size Irregular
|
77.9 Ft X 195.03 Ft |
Size Total Text
|
77.9 Ft X 195.03 Ft |
Zoning Description
|
R1 |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Main Level |
Kitchen |
|
|
12'7" x 9'5" |
Main Level |
Dining Room |
|
|
12'4" x 11'0" |
Main Level |
Living Room |
|
|
14'0" x 14'4" |
Main Level |
5pc Bathroom |
|
|
12'7" x 6'11" |
Main Level |
Primary Bedroom |
|
|
12'10" x 12'7" |
Main Level |
Bedroom |
|
|
10'11" x 10'6" |
Main Level |
Bedroom |
|
|
10'6" x 8'10" |
https://www.realtor.ca/real-estate/25545461/22-dollard-street-embrun-embrun