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316 Somerset Street E Ottawa, Ontario K1N 6W3

Central Air Conditioning Forced Air

$3,099,900

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:47153)

Property Details

MLS® Number 1312093
Property Type Multi-family
Neigbourhood Sandy Hill
Amenities Near By Public Transit, Recreation Nearby, Shopping
Parking Space Total 1

Building

Basement Development Finished
Basement Type Full (finished)
Constructed Date 2022
Construction Style Attachment Attached
Cooling Type Central Air Conditioning
Exterior Finish Siding
Flooring Type Tile
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type Fourplex
Utility Water Municipal Water

Parking

See Remarks

Land

Acreage No
Land Amenities Public Transit, Recreation Nearby, Shopping
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/24880120/316-somerset-street-e-ottawa-sandy-hill

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