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455/457 Somerset Street W Ottawa, Ontario K1R 5J7

Forced Air, Hot Water Radiator Heat

$2,420,000

Current NOI: $106,451 with amazing potential that you can easily unlock with transient tenants. Opportunity to renovate 5 of 6 suites and unlock the properties true potential. 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:36465)

Property Details

MLS® Number 1401651
Property Type Multi-family
Neigbourhood Centretown
Parking Space Total 6

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

Acreage No
Sewer Municipal Sewage System
Size Depth 112 Ft ,4 In
Size Frontage 57 Ft ,11 In
Size Irregular 57.95 Ft X 112.37 Ft
Size Total Text 57.95 Ft X 112.37 Ft
Zoning Description Tm14

https://www.realtor.ca/real-estate/27159079/455457-somerset-street-w-ottawa-centretown

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