316 Somerset Street E Ottawa, Ontario K1N 6W3
$2,999,900
4.8% cap rate unit 30% expenses at List Price. Building is now fully leased with Leases in hand at 3400+3400+3350+3200+4200=$17550 = $210,600 GOI! BRAND NEW MULTI UNIT building in Sandy Hill. This building has 4 residential units and 1 commercial space. 4 x 4 Bedroom units and Ground Floor Commercial unit. Expenses have been estimated at 30% of GOI. All units have separate hydro meters, in-unit laundry, SS appliances, 6 covered bicycle parking spaces and AC. Each unit offers spacious, modern, layouts, overflowing with natural light. Fantastic central location close to Shops, restaurants, schools and transit. (id:42003)
Property Details
| MLS® Number | 1326854 |
| Property Type | Multi-family |
| Neigbourhood | Sandy Hill |
Building
| Constructed Date | 2023 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 97 Ft |
| Size Frontage | 39 Ft |
| Size Irregular | 39.01 Ft X 97 Ft |
| Size Total Text | 39.01 Ft X 97 Ft |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/25199202/316-somerset-street-e-ottawa-sandy-hill
Interested?
Contact us for more information
Steve Alexopoulos
Broker
https://www.facebook.com/MetroCityPropertyGroup/
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
(866) 530-7737
(647) 849-3180
www.exprealty.ca
Tarek El Attar
Salesperson
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
(866) 530-7737
(647) 849-3180
www.exprealty.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
March 20 2023 03:34:42
Ottawa Real Estate Board
Exp Realty
