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455/457 SOMERSET STREET W
Ottawa, Ontario K1R5J7

$2,420,000

ID# 1401651

ABOUT THIS PROPERTY

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:25961)

PROPERTY DETAILS

Heating Type Forced air, Hot water radiator heat
Heating Fuel Natural gas
Stories Total 3

Property Type

Multi-family
Courtesy of SLEEPWELL REALTY GROUP LTD
Listed on: July 11, 2024

On market: 135 days

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