455/457 Somerset Street W Ottawa, Ontario K1R 5J7

$2,420,000

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:43934)

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