MLS® X13242440. Availability and details are subject to change.
314 Somerset Street
Ottawa, Ontario K1N6W3
Feed checked: Nov 8
$1,700,000
Property details
- Reported area
- 3,520 square feet
- Property type
- Multi-family
- Lot dimensions / area
- 3520
Property Overview
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.