10 Bedroom
6 Bathroom
3,500 - 5,000 ft2
Central Air Conditioning
Forced Air
$1,595,000
Welcome to 93-95 Lower Charlotte, built around 1907. Since 2003, all systems were updated... electricity: 100 amp service to 300 amp ... plumbing: lead pipes and cast iron to copper and ABS... remove most lath and plaster and installed insulation and sheetrock (5/8), replaced flooring with hardwood, laminate, vinyl or ceramic throughout. Built 5 new bathrooms and 1 powder room. Installed 3 full kitchens. The back and side bricks were replaced by vinyl siding and hardy-board. The front bricks and wooden entrance was replaced by new bricks and concrete stairs and landing. A rooftop deck, second floor balcony and a deck off of the 93 kitchen. 93-95 Lower Charlotte is a legal non-conforming Triplex... 93 Lower Charlotte has 2 bedrooms, 1-4pces en-suite and 1-powder room. Approx. 1,400 sq. ft. The main floor has Living/Dining area, powder room, renovated kitchen with access to large private deck. The second floor has a Master bedroom with access to balcony, walk-in closet and 4-pces ensuite, laundry room and a second bedroom with a Murphy bed. 95 Lower Charlotte has 2 bedrooms, a 4-pces bathroom and a kitchen on the main floor. On the second floor, there are 3 bedrooms, a 4-pces bathroom and a kitchenette with access to the front balcony. The third, located on third floor of 93-95 has private access from the back entrance. This unit 3 bedrooms, 2 3-peices bathrooms and a kitchen/living area. This unit has exclusive use of the roof-top deck with BBQ. TOTAL EXPENSES: Taxes - $11,699.00, Wifi - $1,573, Hydro - $2,690.00, Water - $1,713.43, Gas - $3,656.70 , Insurance: $5243.00 Total Operating Expenses is: $26,575.00. RENTAL REVENUES: Unit -1 at 93 : $2600 mth, Unit -2 at 95 : $3450.00, Unit - at 93-95 : $2350. TOTAL Rental Income: $8,400 * 12 = $100,800.00 ( rent includes all utilities) Net Operating Income (NOI) is $74,225.00. Capitalization Rate is : 4.4 ($74,225.00 / $1,695,000) There are 4 legal Parking spaces. (id:53622)
Property Details
|
MLS® Number
|
X12006603 |
|
Property Type
|
Multi-family |
|
Neigbourhood
|
Sandy Hill |
|
Community Name
|
4002 - Lower Town |
|
Amenities Near By
|
Public Transit, Schools |
|
Community Features
|
School Bus |
|
Features
|
Lane, Carpet Free |
|
Parking Space Total
|
4 |
|
Structure
|
Porch, Patio(s) |
|
View Type
|
City View |
Building
|
Bathroom Total
|
6 |
|
Bedrooms Above Ground
|
10 |
|
Bedrooms Total
|
10 |
|
Appliances
|
Water Heater, Water Meter, Dishwasher, Dryer, Hood Fan, Microwave, Stove, Washer, Refrigerator |
|
Basement Development
|
Unfinished |
|
Basement Type
|
N/a (unfinished) |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Stone |
|
Half Bath Total
|
1 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
3 |
|
Size Interior
|
3,500 - 5,000 Ft2 |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
81 Ft ,10 In |
|
Size Frontage
|
38 Ft |
|
Size Irregular
|
38 X 81.9 Ft |
|
Size Total Text
|
38 X 81.9 Ft |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Bedroom |
3.66 m |
3.66 m |
3.66 m x 3.66 m |
|
Second Level |
Laundry Room |
1.8 m |
1.8 m |
1.8 m x 1.8 m |
|
Second Level |
Bedroom |
4.6 m |
3.66 m |
4.6 m x 3.66 m |
|
Second Level |
Bedroom |
4.6 m |
3.66 m |
4.6 m x 3.66 m |
|
Second Level |
Bedroom |
3.66 m |
3.66 m |
3.66 m x 3.66 m |
|
Second Level |
Bathroom |
1.8 m |
1.87 m |
1.8 m x 1.87 m |
|
Second Level |
Kitchen |
3 m |
1.8 m |
3 m x 1.8 m |
|
Second Level |
Primary Bedroom |
5.18 m |
3.66 m |
5.18 m x 3.66 m |
|
Second Level |
Bathroom |
3.66 m |
3.66 m |
3.66 m x 3.66 m |
|
Third Level |
Bedroom |
4.2 m |
3.66 m |
4.2 m x 3.66 m |
|
Third Level |
Bedroom |
3.66 m |
3.66 m |
3.66 m x 3.66 m |
|
Third Level |
Bedroom |
4.3 m |
4.5 m |
4.3 m x 4.5 m |
|
Third Level |
Kitchen |
4.5 m |
3.66 m |
4.5 m x 3.66 m |
|
Third Level |
Bathroom |
2.13 m |
2.13 m |
2.13 m x 2.13 m |
|
Third Level |
Bathroom |
2.13 m |
2.13 m |
2.13 m x 2.13 m |
|
Main Level |
Living Room |
4.6 m |
5.2 m |
4.6 m x 5.2 m |
|
Main Level |
Dining Room |
4.6 m |
5.2 m |
4.6 m x 5.2 m |
|
Main Level |
Kitchen |
5.8 m |
3.66 m |
5.8 m x 3.66 m |
|
Main Level |
Bedroom |
4.6 m |
3.66 m |
4.6 m x 3.66 m |
|
Main Level |
Bedroom |
4.6 m |
3.66 m |
4.6 m x 3.66 m |
|
Main Level |
Bathroom |
1.8 m |
2.4 m |
1.8 m x 2.4 m |
|
Main Level |
Kitchen |
5.8 m |
2.66 m |
5.8 m x 2.66 m |
Utilities
|
Cable
|
Installed |
|
Electricity
|
Installed |
https://www.realtor.ca/real-estate/27994430/93-95-lower-charlotte-street-ottawa-4002-lower-town
