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455/457 Somerset Street W

Somerset St W, Old City, Ottawa, ON, K1R 5J7

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Beds
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Baths
$2,420,000
List Price
Details
Photos
28
Comparables
History
455/457 Somerset Street W, Ottawa, ON - 1 of 3
455/457 Somerset Street W, Ottawa, ON - 2 of 3
455/457 Somerset Street W, Ottawa, ON - 3 of 3
164 days on market

Quick Summary

  • Exceptional investment opportunity
  • Meticulously maintained 6-unit complex
  • Spacious units with thoughtful layouts
  • Desirable location with nearby amenities
  • Excellent transport links for tenants
  • Significant income potential with NOI of $113,510
  • 2 vacant units ready for renovations
  • Opportunity to expand real estate portfolio

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... Show More

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:54626)

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Property Details

Parking

6 Parking Spaces
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Lot

Size
695′0″ * 1347′12″
Acres
-

Build

Year Built
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Model Name
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Basement
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Exterior
Wood, Brick
Foundation
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Builder Name
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Stories
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Flooring
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Roof
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Heating & Cooling

Heating
Hot water radiator heat
Cooling
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Utilities

Water
Municipal water
Sewer
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Ownership Details

Ownership

Title
Freehold
Zoning
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Source

Listing Brokerage

MLS® Listing
X9517156
Last Updated
December 19, 2024
Brokerage
SLEEPWELL REALTY GROUP LTD
Powered by: REALTOR.ca
Call us 800-591-0566

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