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:16397)
MLS® Number | 1340430 |
Property Type | Single Family |
Neigbourhood | Embrun |
Amenities Near By | Recreation Nearby |
Community Features | Family Oriented |
Parking Space Total | 5 |
Structure | Deck |
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 |
Carport | |
Surfaced |
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 |
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
Contact us for more information
Carley Humphries
Salesperson
(613) 829-1818
(613) 829-3223
www.kwintegrity.ca