314 Somerset Street East, Ottawa, Ontario K1N6W3

Listing courtesy of COLDWELL BANKER SARAZEN REALTY.

$1,800,000
3,520
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,800,000
MLS®
X13242440
Days on Market
53
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Living Area
3,520
Lot Size Dimensions
3520
Lot Size
153,331,200
Subdivision
4004 - Sandy Hill

Property Description

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:5764)

Additional Information

Subdivision
4004 - Sandy Hill
Cooling
None
Country
Canada
Heating
Forced air, Natural gas
Lot Size
153,331,200

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks