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455/457 Somerset Street W Ottawa, Ontario K1R 5J7

Forced Air, Hot Water Radiator Heat

$2,420,000

6-unit complex with 2 units soon to be vacant - Waiting for your clients’ renovations. Current NOI: $107,597 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. (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