316 Somerset Street E Ottawa, Ontario K1N 6W3
$3,299,900
Building is now fully leased at 3400+3400+3350+3200=$13350 = $220,000 GOI! 4.7% cap rate at 3.3M. BRAND NEW MULTI UNIT building in Sandy Hill. This building has 4 residential units and 1 commercial space. 4 x 4 Bedroom units and Ground Floor Commercial unit. Expenses have been estimated at 30% of GOI. Ideal as a straight investment or live in one of the luxury units and rent out the others. All units have separate hydro meters, in-unit laundry, SS appliances, 6 covered bicycle parking spaces and AC. Each unit offers spacious, modern, layouts, overflowing with natural light. Fantastic central location close to Shops, restaurants, schools and transit. This multi-unit property will be complete in August 2022. (id:19849)
Property Details
| MLS® Number | 1284291 |
| Property Type | Multi-family |
| Neigbourhood | Sandy Hill |
Building
| Constructed Date | 2022 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 97 Ft |
| Size Frontage | 39 Ft |
| Size Irregular | 39.01 Ft X 97 Ft |
| Size Total Text | 39.01 Ft X 97 Ft |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/24206543/316-somerset-street-e-ottawa-sandy-hill
Interested?
Contact us for more information
Steve Alexopoulos
Broker
https://www.facebook.com/MetroCityPropertyGroup/
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
(866) 530-7737
(647) 849-3180
www.exprealty.ca
Tarek El Attar
Salesperson
200-1320 Carling Avenue
Ottawa, Ontario K1Z 7K8
(613) 733-9494
www.remaxcapitalpartners.com
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May 05 2022 07:13:05
Ottawa Real Estate Board
Exp Realty, RE/MAX Affiliates Capital Partners