$1,899,000 FOR SALE

Multiplex

Lot: 33.33 x 71.33 ft

327 Somerset Street E
Ottawa, ON K1N 6W4 | Sandy Hill

CAP RATE 7.29% CASH FLOW! Centrally located & TURNKEY Investment Property offering excellent rental income. With an impressive annual net income of $138,469, 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:47423)

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Listed By RIGHT AT HOME REALTY, KELLER WILLIAMS INTEGRITY REALTY
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1411468
Last Updated Oct 03, 2024
Property Summary
Property Type Multiplex

More like this:
Neighbourhood Sandy Hill
Price History
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Detailed Information
Lot 33.33 x 71.33 ft
Listing Contract Date 2024-09-18
Management Company Self Managed -
Municipal ID 042080292
Ownership Type Freehold
# of Parking Spaces 2
Property Type Multi-family
Transaction Type For sale
Zoning Description R4UB[480]-c
Building
Exterior Finish Brick
Heating Fuel Natural gas
Heating Type Radiant heat
Stories Total 3
Utility Water Municipal water
Land
Total Size 33.33 ft X 71.33 ft
Sewer Municipal sewage system
Size of Irregular Land 33.33 ft X 71.33 ft

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