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Home ON Ottawa - Gatineau Ottawa Centretown
455/457 SOMERSET STREET W
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455/457 SOMERSET STREET W $2,420,000
$2,420,000
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455/457 SOMERSET STREET W
Ottawa, Ontario K1R5J7

MLS® Number: X9517156

Listing 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. (36676235)

Location Description

ON SOMERSET BETWEEN KENT AND LYON

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
4102 - Ottawa Centre
Land Size
Unit=57.95 x 112.37 FT ; 0
Annual Property Taxes
$18,153
Total Parking Spaces
6
Time on REALTOR.ca
164 days

Building

Heating & Cooling
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Water
Municipal water
Exterior Features
Exterior Finish
Wood, Brick
Parking
Total Parking Spaces
6

Land

Lot Features
Frontage
57 ft ,11 in
Land Depth
112 ft ,4 in
Other Property Information
Zoning Description
TM14
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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