296 Somerset Street East Ottawa, ON K1N 6W1

Photo de la propriété: 296 Somerset Street East ON K1N 6W1

Inscription par:

CREA / Re/Max Hallmark Realty Group

296 Somerset Street East Ottawa, ON K1N 6W1

En vigueur (2 Jours)

2,599,135 $

CAC

SDB

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Description

Easy to rent at premium prices this Sandy Hill 5 unit building at 296 Somerset St. E built in 2021 gives investors years of minimal maintenance expenditures. It's comprised of 4 residential apartments; each with 4 bedrooms. The 5th unit is Safi Fine Food retail & cafe. Each unit has its own hi-efficiency furnace, AC, hydro meter and in-unit laundry. The building is 3 stories plus finished basement. According to attached floor plans unit sizes are Apt #1 848 sq. ft. (basement) Apt. #2 690 sq. ft. (2nd floor) Apt. #3 844 sq. ft. (2nd/3rd floor) Apt. #4 690 Sq. ft. (3rd floor) Leased retail business is 952 sq. ft. Exterior is primarily brick & Hardie Board siding, roof is membrane. Owner pays water & WIFI. Tenants pay heat & hydro except #3, which will be rectified at end of lease. Gross income $235,498. Expenses $44,389. Net income $191,109. Hot water is an owned tankless system. Showings Mon, Wed, and Fri, and Sat 11 am to 4 pm. The building is four blocks from the University of Ottawa so there's always a massive tenant pool. Public bus transit right on Somerset St. and the Light Rapid Train system has its own stop right at U-Ottawa! A few blocks to Minto Sports complex, Sandy Hill arena, and all necessary shops and services on Rideau St. This is an investor's dream property, now being offered for the first time. Fenced back yard for tenants' enjoyment. (id:41440)

MLS®:
X11979985

Catégorie
Single-Family Home

Ville
Ottawa

Listed By

Patrick Walchuk, Re/Max Hallmark Realty Group

Source
CREA
Dernière vérification Feb 23 2025 à 3:24 AM EST

Détails sur les salles de bains

Salles de bains: 4
Salles de bain partielles: 2

Caractéristiques Intérieures

Dryer
Stove
Dishwasher
Water Meter
Refrigerator
Washer

Caractéristiques de la propriété

Foundation: Poured Concrete

Chauffage et refroidissement

Natural Gas
Forced Air
Central Air Conditioning

Informations sur les sous-sols

N/a
Apartment In Basement

Caractéristiques extérieures

Hardboard
Brick

Informations sur les services publics

Sewer: Sanitary Sewer

Stationnement

Total: 0
No Garage

Étages

Alimenté par Walk Score®

Disclaimer:

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled
by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 2/22/25 19:24

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