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327 Somerset St E

Somerset St E, Old City, Ottawa, ON, K1N 6W4

-
Beds
-
Baths
$1,899,000
List Price
Details
Photos
28
Comparables
History
327 Somerset St E, Ottawa, ON - 1 of 3
327 Somerset St E, Ottawa, ON - 2 of 3
327 Somerset St E, Ottawa, ON - 3 of 3
New
3 days on market

Quick Summary

  • Excellent rental income with impressive annual net
  • Turnkey investment property requiring no immediate repairs
  • Centrally located in desirable rental market zone
  • Walking distance to university, transit, parks, amenities
  • Meticulously maintained with historic character features
  • Convenient access on major bus route
  • Opportunity to enhance or start investment portfolio
  • Steady returns with room for growth

CAP RATE 7.29% CASH FLOW! Centrally located & TURNKEY Investment Property offering excellent rental income. With an impressive annual net income of $139,469, this ideal property provides steady returns without the need for immediate repairs and renovations, and provides room for growth. Situated in Sandy Hill, one of Ottawa’s most... Show More

CAP RATE 7.29% CASH FLOW! Centrally located & TURNKEY Investment Property offering excellent rental income. With an impressive annual net income of $139,469, this ideal property provides steady returns without the need for immediate repairs and renovations, and provides room for growth. Situated in Sandy Hill, one of Ottawa’s most desirable rental market zone, the property is within walking distance to the University of Ottawa, LRT, Rideau Canal, Byward Market, Rideau River, and various parks. Owned for 15 years and meticulously maintained, the property showcases its character with historic mouldings, hardwood floors, vaulted ceilings, abundant natural light, and covered balconies. Located on a major bus route and with convenient access to all amenities, this property is in a prime location to enhance or start your investment portfolio! (id:54626)

Property Details

Parking

2 Parking Spaces
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Lot

Size
400′0″ * 856′0″
Acres
-

Build

Year Built
-
Model Name
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Basement
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Exterior
Brick
Foundation
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Builder Name
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Stories
3
Flooring
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Roof
-

Heating & Cooling

Heating
Radiant heat
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
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Source

Listing Brokerage

MLS® Listing
1411468
Last Updated
September 20, 2024
Brokerage
KELLER WILLIAMS INTEGRITY REALTY,RIGHT AT HOME REALTY
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