316 SOMERSET STREET E$2,999,900
#1326854
N/A bed
N/A bath
About the Property
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:46641)
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Listing Agent
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Property Details
City: Ottawa
Neighbourhood: Sandy Hill
Build Year: 2023
Listing Agent
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Property
Property Type
Multi-family
Ownership Type
Freehold
Land Depth
97 ft
Building
Storeys
3
Exterior Finish
Siding
Heating Type
Forced air
Cooling Type
Central air conditioning
Foundation Type
Poured Concrete
Measurements
Additional Info
Listing Contract Date
2023-01-18
Zoning Description
Residential
Contact