314 Somerset Street E, Ottawa, Ontario K1N 6W3

Listed for:
$1,800,000
0 beds
0 baths
Listed 20 days ago
Multi-Family for rent: 314 Somerset Street E, Ottawa, Ontario K1N 6W3

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About

Somerset St. E and Chapel St Solid six units all brick building. 5-2 bed and 1-1 bed. Fully rented, Tenants have been there for a while. Present Zoning R4U (480) could be changing to CMI (480) H20. Income could be a lot higher. Grossing $107,076, Expenses $35,371, Net $73,705. Most of the windows (17 Windows) replaced 7 years ago. Hot Water Tanks owned. Tenants pay their own Hydro. 3+ parking spots, on site laundry, 4 balconies, corner lot 69' x 62'. Boiler 2010, Roof 8 years old appx. In the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University. (id:27476)

Property Highlights

MLS® Number
X13242440
Type
Multi-family
Community Name
4004 - Sandy Hill
Land Size
3520 ac

Building

Building Type
Multi-Family
Square Footage
3520 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
COLDWELL BANKER SARAZEN REALTY
MLS® number:
X13242440
Agent:
Michel Dagher
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Street Spotlight - For sale