4.8% cap rate unit 30% expenses at List Price. Building is now fully leased with Leases in hand at 3400+3400+3350+3200+4200=$17550 = $210,600 GOI! BRAND NEW MULTI UNIT building in Sandy Hill. This building has 4 residential units and 1 commercial space. 4 x 4 Bedroom units and Ground Floor Commercial unit. Expenses have been estimated at 30% of GOI. All units have separate hydro meters, in-unit laundry, SS appliances, 6 covered bicycle parking spaces and AC. Each unit offers spacious, modern, layouts, overflowing with natural light. Fantastic central location close to Shops, restaurants, schools and transit. (id:19066)
| MLS® Number | 1326854 |
| Property Type | Multi-family |
| Constructed Date | 2022 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Siding |
| Fireplace Present | No |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 97 Ft |
| Size Frontage | 39 Ft |
| Size Irregular | 39.01 Ft X 97 Ft |
| Size Total Text | 39.01 Ft X 97 Ft |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/25199202/316-somerset-street-e-ottawa-sandy-hill
Contact us for more information
Steve Alexopoulos
Broker
(866) 530-7737
(647) 849-3180
www.exprealty.ca
Tarek El Attar
Salesperson
(866) 530-7737
(647) 849-3180
www.exprealty.ca