$2,420,000

Investment For Sale In Centretown, Ottawa, Ontario

$2,420,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Exterior Finish: Wood, Brick
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 112.3 Feet
  • Lot Frontage: 57.9 Feet
  • Lot Size: Unit=57.95 x 112.37 FT ; 0
  • Zoning: TM14
  • No. of Parking Spaces: 6

Courtesy of: SLEEPWELL REALTY GROUP LTD

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.