$2,420,000
Est. payment /mo
Active
455/457 SOMERSET ST W Ottawa, ON K1R 5J7
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UPDATED:
12/31/2024 06:18 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9517156
Annual Tax Amount $18,153
Tax Year 2024
Property Description
6-unit complex with 2 vacant units ready for your vision - Waiting for your clients' renovations. Current NOI: $113,510 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. NOI is projected from 4 actual and 2 vacant unit rents.
Location
Province ON
County Ottawa
Community 4102 - Ottawa Centre
Area Ottawa
Zoning TM14
Region 4102 - Ottawa Centre
City Region 4102 - Ottawa Centre
Rooms
Family Room No
Interior
Cooling Unknown
Exterior
Utilities Available Unknown
Roof Type Asphalt Shingle
Lot Frontage 57.95
Lot Depth 112.37
Others
Security Features Unknown
Pets Allowed Unknown
Listed by SLEEPWELL REALTY GROUP LTD
First Fully Rewarding Licensed Brokerage | Proudly Canadian
Managing Broker
+1(416) 300-8540 | admin@pitopi.com