Multi-Family for Sale in Ottawa – 314 SOMERSET STREET E, Ottawa – MLS# X13242440

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$1,800,000

314 SOMERSET STREET E, Ottawa

3,520 Sq Ft • Multi-Family
MLS# X13242440
  • Multi-Family
  • 3,520 sq ft lot
  • Ottawa location
613-369-5199

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About This Property

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:66401)

Property Details

Living Area 3,520 sq ft
Lot Size 3,520 sq ft
Property Type Multi-Family

Location

314 SOMERSET STREET E, Ottawa, Ontario, K1N6W3

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Peter@Condo613.ca 613-369-5199
14 Chamberlain Ave. #101, Ottawa, ON K1S 1V9

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