164 HAWTHORNE AVENUE , Ottawa

$599,900 / MLS® Listing #:1247041

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INVESTOR ALERT DO YOU HAVE $135,000 IN HOME EQUITY CURRENTLY AND WANT TO ELEVATE YOUR PORTFOLIO TO THE NEXT LEVEL. Finance your current home with a LOC at 1.35% variable rate and buy this well maintained and tenanted property in Old Ottawa East the hottest neighbourhood with values increasing monthly. This fabulous three storey semi-detached duplex has long term tenants in place and the property is in mint condition. Low maintenance home with low maintenance tenants. Purchase price of $679,900 minus the down of $135,000 gives you a manageable mortgage payment of $1837.00 a month with a low interest variable rate of 1.35%. Total carrying cost for heat, hydro and taxes puts your total monthly expenditure at $2341.38. Tenants are paying $2523.00 a month. After five years you will have paid down $77,097. Your tenants have made you $77,097 dollars (id:10452)

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Property Details

Property Type Duplex
Square Feet
Maintenance N/A
Days On Our Website 52
Basement Finished - Full (Finished)
Kitchens
Lot Dimensions 14.01 ft X 99 ft
Pool N/A
Area Ottawa
Air Conditioning None
Heating Natural gas - Forced air
Exterior Brick, Stucco
Parking Spaces 1
Parking Type Surfaced,Surfaced
Sewers Municipal sewage system
Water Municipal water

Listing Office: TRACY ARNETT REALTY LTD.



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