Active

455/457 SOMERSET STREET W

Ottawa Ontario, K1R5J7

C$2,420,000


Active

Residential

 Courtesy of SLEEPWELL REALTY GROUP LTD 

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:41202)

X9517156

MLS ID

January 15, 2025

Updated

Map

455/457 SOMERSET STREET W
Ottawa Ontario, K1R5J7

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Hot water radiator heat, Natural gas

Exterior/Building Features

Other Property Details

Garage

No


Parking Total

6


View

No


Water Source

Municipal water


Pool

No

Listing History

Date

Event

Price

8/20/2024

Price change

$2,420,000

-4%

Courtesy of SLEEPWELL REALTY GROUP LTD

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