316 Somerset Street E Ottawa, Ontario K1N 6W3
$3,299,900
Building is now fully leased at 3400+3400+3350+3200=$13350 = $220,000 GOI! 4.7% cap rate at 3.3M. 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. Ideal as a straight investment or live in one of the luxury units and rent out the others. 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. This multi-unit property will be complete in August 2022. (id:37742)
Property Details
| MLS® Number | 1284291 |
| Property Type | Multi-family |
| Neigbourhood | Sandy Hill |
Building
| Constructed Date | 2022 |
| 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/24206543/316-somerset-street-e-ottawa-sandy-hill
Interested?
Contact us for more information
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®)
May 05 2022 07:13:05
Ottawa Real Estate Board
Exp Realty, RE/MAX Affiliates Capital Partners