$2,420,000 FOR SALE

Multiplex

Lot: 57.92 x 112.33 ft

455/457 Somerset Street W
Ottawa, ON K1R 5J7 | Centretown

6-unit complex with 2 units soon to be vacant - Waiting for your clients’ renovations. Current NOI: $107,597 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. (id:47423)

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Listed By SLEEPWELL REALTY GROUP LTD
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1401651
Last Updated Oct 10, 2024
Property Summary
Property Type Multiplex

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Neighbourhood Centretown
Price History
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Detailed Information
Lot 57.92 x 112.33 ft
Listing Contract Date 2024-07-11
Management Company Sleepwell Property Management - 613-521-2000
Municipal ID 041200033
Ownership Type Freehold
# of Parking Spaces 6
Property Type Multi-family
Transaction Type For sale
Zoning Description TM14
Building
Exterior Finish Brick, Wood
Heating Fuel Natural gas
Heating Type Forced air, Hot water radiator heat
Stories Total 3
Utility Water Municipal water
Land
Total Size 57.95 ft X 112.37 ft
Sewer Municipal sewage system
Size of Irregular Land 57.95 ft X 112.37 ft
External Links

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