294 SOMERSET STREET E$879,900

Great location! Close to Ottawa University, Rideau Centre and the Byward market! Lot and plans to build a modern 8 unit building approx. 5500 sq ft AG and 7200 sq ft with basement. 2 x 1 bedrooms (approx $1800/Monthly), 6 x 2 bedrooms ($2400/Monthly). Use the open concept floor plans and choose modern finishings. Projected GOI= $216,000. NOI = $151,200. Expenses estimated at 30%. Plans attached. (id:46641)