For Sale Multi-Family

314 Somerset Street E

$1,800,000
Ottawa, Ontario K1N 6W3 MLS® X13242440
3,520 sqft Interior
3520 Ac Lot size
None Forced Air Acreage

About this home

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 $107,076, Expenses $35,371, Net $73,705. Most of the windows (17 Windows) 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 walking distance to Ottawa University. (id:28469)

Facts & features

Property

MLS® Number
X13242440
Property Type
Multi-family
Community Name
4004 - Sandy Hill

Building

Cooling Type
None
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Exterior
3520 Sqft
Size Interior
3,520 Sqft
Type
Multi-family
Utility Water
Municipal Water

Land

Acreage
Yes
Size Depth
62 Ft
Size Frontage
69 Ft
Size Irregular
3520
Size Total
3520 Ac
Size Total Text
3520 Ac
Zoning Description
R4h[480]

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Location

314 Somerset Street E, Ottawa, Ontario K1N 6W3  ·  Get directions