314 Somerset Street E, Ottawa, Ontario

$1,800,000

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3,520

Square feet

3520.00

Acres

About 314 Somerset Street E

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:6289)

Features of 314 Somerset Street E

Listing # X13242440
Price $1,800,000
Square Footage 3,520
Acres 3,520.00
Type Multi-family
Sub-Type Multi-Family

Community Information

Address 314 Somerset Street E
Area 4004 - Sandy Hill
Subdivision 4004 - Sandy Hill
City Ottawa
Province Ontario
Postal Code K1N6W3

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling None
Fireplace No
Has Basement No

Exterior

Lot Description 3520

Additional Information

Zoning R4H[480]

Listing Details

OfficeCOLDWELL BANKER SARAZEN REALTY

Listing Map

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