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314 Somerset Street East, Ottawa, Ontario K1N6W3

Listing courtesy of COLDWELL BANKER SARAZEN REALTY.

$1,700,000
: 3,520
SqFt

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List Price: $1,700,000
Price Change: ▼ $100,000 1789862754
MLS®: X13242440
Days on Market: 154
Status: ACTIVE
Type: Multifamily
Subtype: Multi-family
Living Area: 3,520
Lot Size Dimensions: 3520
Lot Size: 153,331,200
Subdivision: 4004 - Sandy Hill

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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 $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:5764)

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Additional Information

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