Commercial Condos for Sale in Ottawa – 314 SOMERSET STREET E, Ottawa – By Peter Sagos

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$1,700,000

314 SOMERSET STREET E, Ottawa

3,520 Sq Ft • Multi-Family
MLS# X13242440
  • Multi-Family
  • 153,331,200 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 $111,764.00, Expenses $32,759.00, Net $80,005.00. New roof (2018). Most of the windows (17 Windows) were 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, within walking distance to Ottawa University. (id:66401)

Location

314 SOMERSET STREET E, Ottawa

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Property Details

Living Area 3,520 sq ft
Lot Size 153,331,200 sq ft
Property Type Multi-Family
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