Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

314 Somerset Street E Ottawa, Ontario K1N 6W3

3,520 sqft
None Forced Air Acreage

$1,700,000

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 $111,764.00, Expenses $32,759.00, Net $80,005.00. New roof (2018). Most of the windows (17 Windows) were 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, within walking distance to Ottawa University. (id:67947)

Property Details

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]

https://www.realtor.ca/real-estate/29855613/314-somerset-street-e-ottawa-4004-sandy-hill

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Michel Dagher, Coldwell Banker Sarazen Realty

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