316 Somerset Street E, Ottawa, Ontario K1N6W3

Listing courtesy of EXP REALTY.

$3,099,900
List Price
$3,099,900
MLS®
1320128
Days on Market
26
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Subdivision
Sandy Hill

Property Description

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:2579)

Additional Information

Ownership
Freehold
Heating Fuel
Natural gas
Subdivision
Sandy Hill
Levels
3
Cooling
Central air conditioning
Country
Canada
Sewer
Municipal sewage system
Frontage Length
39 ft
Heating
Forced air
Total Number Of Units
5
Stories
3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks