455/457 Somerset Street W Ottawa, Ontario K1R 5J7
$2,420,000
Current NOI: $106,451 with amazing potential that you can easily unlock with transient tenants. Opportunity to renovate 5 of 6 suites and unlock the properties true potential. 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. (id:50886)
Property Details
| MLS® Number | 1401651 |
| Property Type | Multi-family |
| Neigbourhood | Centretown |
| ParkingSpaceTotal | 6 |
Building
| ExteriorFinish | Brick, Wood |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air, Hot Water Radiator Heat |
| StoriesTotal | 3 |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 112 Ft ,4 In |
| SizeFrontage | 57 Ft ,11 In |
| SizeIrregular | 57.95 Ft X 112.37 Ft |
| SizeTotalText | 57.95 Ft X 112.37 Ft |
| ZoningDescription | Tm14 |
https://www.realtor.ca/real-estate/27159079/455457-somerset-street-w-ottawa-centretown
Interested?
Contact us for more information
Adam Pearce
Salesperson
423 Bronson Ave
Ottawa, Ontario K1R 6J5
Matt Robinson
Broker of Record
423 Bronson Ave
Ottawa, Ontario K1R 6J5
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August 20 2024 02:12:01
Ottawa Real Estate Board
Sleepwell Realty Group Ltd