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 $107,076, Expenses $35,371, Net $73,705. Most of the windows (17 Windows) 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 walking distance to Ottawa University. (id:59327)
| MLS® Number | X13242440 |
| Property Type | Multi-family |
| Community Name | 4004 - Sandy Hill |
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 3520 Sqft |
| SizeInterior | 3520 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | Yes |
| SizeDepth | 62 Ft |
| SizeFrontage | 69 Ft |
| SizeIrregular | 3520 |
| SizeTotal | 3520 Ac |
| SizeTotalText | 3520 Ac |
| ZoningDescription | R4h[480] |
https://www.realtor.ca/real-estate/29855613/314-somerset-street-e-ottawa-4004-sandy-hill
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Michel Dagher
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