22 Dollard St Russell, Ontario K0A 1W0

6 Bedroom 2 Bathroom
Raised Bungalow Wall Unit Baseboard Heaters


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:32840)

Property Details

MLS® Number X5948488
Property Type Single Family
Parking Space Total 5


Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 3
Bedrooms Total 6
Architectural Style Raised Bungalow
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type Wall Unit
Exterior Finish Vinyl Siding
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 1
Type Duplex




Acreage No
Size Irregular 77.9 X 195.03 Ft
Size Total Text 77.9 X 195.03 Ft



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