455/457 Somerset Street W Ottawa, Ontario K1R 5J7
$2,420,000
6-unit complex with 2 vacant units ready for your vision - Waiting for your clients’ renovations. Current NOI: $113,510 with amazing potential that you can easily unlock with transient tenants. Welcome to 455/457 Somerset an exceptional investment opportunity offering both comfort and significant income potential. This meticulously maintained building features six spacious units, each with a thoughtful layout designed to maximize living space and enhance tenant satisfaction. Set in a desirable location, this property not only promises higher income potential but also comes with the convenience of nearby amenities and excellent transport links. This is a must-see investment for anyone looking to expand their real estate portfolio with a property that combines comfort, style, and substantial financial returns. 24 hours notice required for tenants. NOI is projected from 4 actual and 2 vacant unit rents. (id:28469)
Property Details
| MLS® Number | 1401651 |
| Property Type | Multi-family |
| Neigbourhood | Centretown |
| ParkingSpaceTotal | 6 |
Building
| ExteriorFinish | Brick, Wood |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air, Hot Water Radiator Heat |
| StoriesTotal | 3 |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 112 Ft ,4 In |
| SizeFrontage | 57 Ft ,11 In |
| SizeIrregular | 57.95 Ft X 112.37 Ft |
| SizeTotalText | 57.95 Ft X 112.37 Ft |
| ZoningDescription | Tm14 |
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November 22 2024 05:13:32
Ottawa Real Estate Board
Sleepwell Realty Group Ltd