341 THIRD STREET, Mattawa341 THIRD STREET, Mattawa — photo 2341 THIRD STREET, Mattawa — photo 3341 THIRD STREET, Mattawa — photo 4341 THIRD STREET, Mattawa — photo 5341 THIRD STREET, Mattawa — photo 6341 THIRD STREET, Mattawa — photo 7
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Business For Sale · Multifamily

341 THIRD STREET, Mattawa

341 THIRD STREET, Mattawa, ON P0H1V0

$549,900 total

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Asset Class

Multifamily

Size

—

Building class

B

Zoning

RA9 — High Rise

$ / SF

—

Occupancy

89%

Lot Size

0.252 ac

About this property

FOURPLEX: 4 - TWO BEDROOM UNITS. WELL MAINTAINED. EACH UNIT AS LAUNDRY HOOK-UPS AND A DECK. STORAGE AREA IN THE BASEMENT. FULLY RENTED WITH LONG TERM TENANTS. WELL LANDSCAPED WITH VIEW OF THE OTTAWA RIVER AND MOUNTAIN. WALKING DISTANCE TO ALL AMENITIES. GREAT INVESTMENT OPPORTUNITY. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$550K
Down payment30% · $165K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$18K

Annual cash flow

$-12K

Cash-on-cash

-7.56%

DSCR

0.59

Going-in cap

3.27%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

59,468

Households

26,481

Median income

$102,500

Median age

31.7

Daytime population

63,678

5-yr growth

7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 341 THIRD STREET, Mattawa.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.