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316 Somerset Street E Ottawa, Ontario K1N 6W3

Central Air Conditioning Forced Air

$2,999,900

4.8% cap rate unit 30% expenses at List Price. Building is now fully leased with Leases in hand at 3400+3400+3350+3200+4200=$17550 = $210,600 GOI! 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. 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. (id:37464)

Property Details

MLS® Number 1326854
Property Type Multi-family
Neigbourhood Sandy Hill

Building

Constructed Date 2023
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/25199202/316-somerset-street-e-ottawa-sandy-hill

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