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

Hot Water Radiator Heat

$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:48414)

Property Details

MLS® Number X9517156
Property Type Multi-family
Neigbourhood Centretown
Community Name 4102 - Ottawa Centre
Parking Space Total 6

Building

Exterior Finish Wood, Brick
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 112 Ft ,4 In
Size Frontage 57 Ft ,11 In
Size Irregular Unit=57.95 X 112.37 Ft ; 0
Size Total Text Unit=57.95 X 112.37 Ft ; 0
Zoning Description Tm14

https://www.realtor.ca/real-estate/27159079/455457-somerset-street-w-ottawa-4102-ottawa-centre