613.296.0473

455/457 SOMERSET STREET W
Ottawa, Ontario K1R5J7

$2,420,000

ID# 1401651

Forced air Hot water radiator heat

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. (id:25961)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of SLEEPWELL REALTY GROUP LTD
Listed on: July 11, 2024

On market: 135 days

Heating Type	Forced air, Hot water radiator heat
Heating Fuel	Natural gas
Stories Total	3

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455/457 SOMERSET STREET W Ottawa, Ontario K1R5J7

Forced air Hot water radiator heat

YOU MIGHT ALSO LIKE THESE LISTINGS

111 CHAMPAGNE AVENUE S UNIT307 Ottawa $654,900 Beds: 2 Baths:2 Sq Ft:ArrayJim Mattice

315 TERRAVITA PRIVATE UNIT308 Ottawa $369,900 Beds: 2 Baths:1 Sq Ft:ArrayMarnie Bennett

197 BOUNDARY ROAD Plantagenet $2,199,000 Beds: 4 Baths:2 Sq Ft:ArrayRoch St-Georges

33 DURHAM PRIVATE Ottawa $1,769,000 Beds: 5 Baths:4 Sq Ft:ArrayCharles Sezlik | Sales Representative

229 DARQUISE STREET Rockland $551,070 Beds: 3 Baths:3 Sq Ft:ArrayPaul Rushforth

1700 LAKESHORE DRIVE Greely $1,589,900 Beds: 3 Baths:3 Sq Ft:ArrayCaroline Risi

144 RIDGEMONT DRIVE Ashton $1,289,000 Beds: 5 Baths:4 Sq Ft:ArrayJohn Spagnoli | Sales Representative

875 CORKTOWN ROAD Merrickville $1,364,900 Beds: 3 Baths:2 Sq Ft:ArrayBrianna Larose

203 CATHERINE STREET UNIT908 Ottawa $669,900 Beds: 2 Baths:2 Sq Ft:ArrayAdam Mills

2103 ESPRIT DRIVE Ottawa $829,900 Beds: 4 Baths:3 Sq Ft:ArrayMichael Schurter

3 CLYDE STREET Perth $524,900 Beds: 3 Baths:2 Sq Ft:ArrayJOHNNY BOLES

340 QUEEN STREET UNIT811 Ottawa $2,100 Beds: 1 Baths:1 Sq Ft:ArraySonya Crites

189 CONSERVANCY DRIVE Nepean $3,200 Beds: 4 Baths:4 Sq Ft:ArrayJai Patel

470 BRIGATINE AVENUE Ottawa $828,955 Beds: 4 Baths:4 Sq Ft:ArrayTarek El Attar

495 ST PATRICK STREET Ottawa $549,900 Beds: 3 Baths:1 Sq Ft:ArrayElizabeth Stewart | Sales Representative

408 GOLDEN SPRINGS DRIVE Ottawa $1,150,000 Beds: 4 Baths:4 Sq Ft:ArrayJaclyn Beaudoin

450 BIG HORN WAY Arnprior $874,900 Beds: 3 Baths:2 Sq Ft:ArrayLouise Gour | Broker

52 CIVIC PLACE Ottawa $4,000,000 Beds: 3 Baths:5 Sq Ft:ArrayHaley Robinson

5818 QUEENSCOURT CRESCENT Ottawa $3,698,880 Beds: 5 Baths:5 Sq Ft:ArrayChristopher Lacharity

3194 STOCKTON DRIVE Gloucester $379,000 Beds: 3 Baths:2 Sq Ft:ArrayHamid Riahi

195 BESSERER STREET UNIT2701 Ottawa $7,500 Beds: 2 Baths:2 Sq Ft:ArrayHaley Robinson

123 TRAIL SIDE CIRCLE Ottawa $869,900 Beds: 4 Baths:3 Sq Ft:ArraySally Babbitt

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