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

Tarek El Attar

Salesperson

(613) 733-9494

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Realtor.ca

Property Details

City: Ottawa

Neighbourhood: Sandy Hill

Build Year: 2023

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

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