$1,700,000
Available - For Sale
Listing ID: X13242440
314 Somerset Street East , Lower Town - Sandy Hill, K1N 6W3, Ottawa
| Solid six units all brick building. 5-2 bed and 1-1 bed. Fully rented; tenants have been there for a while. Present zoning: R4U (480) could be changing to CMI (480) H20. Income could be a lot higher. Grossing $111,764.00, Expenses $32,759.00, Net $80,005.00. New roof (2018). Most of the windows (17 Windows) were replaced 7 years ago. Hot Water Tanks owned. Tenants pay their own Hydro. 3+ parking spots, on-site laundry, 4 balconies, corner lot 69' x 62'. Boiler 2010, Roof 8 years old appx. In the heart of Sandy Hill. Very desirable rental market neighbourhood, within walking distance to Ottawa University. |
| Price | $1,700,000 |
| Taxes: | $12737.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 314 Somerset Street East , Lower Town - Sandy Hill, K1N 6W3, Ottawa |
| Postal Code: | K1N 6W3 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Somerset St. E and Chapel St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 3520.00 |
| Total Area Code: | Square Feet |
| Management Expense: | 4235 |
| Water Expense: | $4300 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
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| COLDWELL BANKER SARAZEN REALTY |
|
|
Anne Saint-Amour
Sales Representative
Bus:
1-888-311-1172
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4004 - Sandy Hill |
| Tax: | $12,737 |
| Fireplace: | N |
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