455/457 SOMERSET STREET W
Ottawa, Ontario K1R5J7

$2,420,000

ID# X9517156

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: 142 days

Heating Type	Hot water radiator heat
Heating Fuel	Natural gas

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Cheryl Jones, Sales Representative - Direct: 613.265.7566 – Office: 613.692.2555 – cheryljones@royallepage.ca

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455/457 SOMERSET STREET W Ottawa, Ontario K1R5J7

Hot water radiator heat

YOU MIGHT ALSO LIKE THESE LISTINGS

117 - 3445 UPLANDS DRIVE Ottawa $285,000 Beds: 3 Baths:2 Sq Ft:ArrayRICK BURT

1208 MONTBLANC CRESCENT Russell $599,900 Beds: 3 Baths:2 Sq Ft:ArrayERIC FOURNIER

24-26 CONCORD STREET Ottawa $799,900 Beds: Baths: Sq Ft:ArraySEPEHR SAFAEE

617 COBALT STREET Clarence-Rockland $799,900 Beds: 4 Baths:3 Sq Ft:ArrayROCH ST-GEORGES

102 CHARLES HOLDEN AVENUE Merrickville-Wolford $920,000 Beds: 5 Baths:3 Sq Ft:ArrayLARRY PRICE

1250 DORCHESTER AVENUE Ottawa $789,500 Beds: Baths: Sq Ft:ArrayFRANK RIZZO

344 TWEEDSMUIR AVENUE Ottawa $1,298,800 Beds: 4 Baths:2 Sq Ft:ArrayHENGA NAYERI

801 - 1285 CAHILL DRIVE Ottawa $299,000 Beds: 2 Baths:1 Sq Ft:699.9943 - 798.9932 sqftROCCO MANFREDI | Sales Representative

50 PRESTON STREET Ottawa $799,900 Beds: 6 Baths:2 Sq Ft:ArrayJAMES LANIYAN

156 FIRST AVENUE Drummond/North Elmsley $349,900 Beds: 3 Baths:1 Sq Ft:ArrayJEFFREY D. WILSON

402 - 320 MCLEOD STREET Ottawa $574,900 Beds: 2 Baths:2 Sq Ft:999.992 - 1198.9898 sqftMIKE SCERBO

630 INVER LANE Ottawa $959,950 Beds: 4 Baths:3 Sq Ft:ArrayANTHONY CAVA | Broker

00 ENRIGHT ROAD Tyendinaga $684,500 Beds: Baths: Sq Ft:ArrayTHOMAS UHRYNIW

1703 - 203 CATHERINE STREET Ottawa $519,900 Beds: 2 Baths:1 Sq Ft:699.9943 - 798.9932 sqftTAYLOR BENNETT

54 TENNANT DRIVE Rideau Lakes $709,900 Beds: 2 Baths:2 Sq Ft:ArrayJAMES WRIGHT | Sales Representative

139 INVENTION BOULEVARD Ottawa $3,200 Beds: 4 Baths:3 Sq Ft:ArrayJIE XIN

501 - 420 GILMOUR STREET Ottawa $1,735 Beds: 1 Baths:1 Sq Ft:ArrayADAM PEARCE

1007 - 203 CATHERINE STREET Ottawa $2,100 Beds: 1 Baths:1 Sq Ft:799.9932 - 898.9921 sqftKIM TRAN

1809 - 179 GEORGE STREET Ottawa $1,950 Beds: 1 Baths:1 Sq Ft:ArrayDAN LI

407 - 1000 WELLINGTON STREET W Ottawa $599,000 Beds: 2 Baths:1 Sq Ft:ArrayJOHN JENKINS | Sales Representative

1207 - 134 YORK STREET Ottawa $1,950 Beds: 1 Baths:1 Sq Ft:ArrayRAYMOND CHIN

55 ARKOSE STREET Ottawa $2,850 Beds: 3 Baths:3 Sq Ft:ArraySHEILA DEVRIES

213 MISSION TRAIL CRESCENT Ottawa $1,039,000 Beds: 4 Baths:0 Sq Ft:ArrayLEI GUO | Broker

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507 EDGEWATER WAY Head, Clara and Maria $899,999 Beds: 2 Baths:2 Sq Ft:ArrayBRAD CHUBBS