316 Somerset Street E Ottawa, Ontario K1N 6W3
$2,999,900
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:37684)
Property Details
| MLS® Number | 1326860 |
| 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 | 2023 |
| 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/25199201/316-somerset-street-e-ottawa-sandy-hill
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July 31 2023 07:41:42
Ottawa Real Estate Board
Exp Realty
