Ottawa, ON K1N6W4 327 SOMERSET STREET E
$1,899,000
23 more
Presented By: RIGHT AT HOME REALTY
Home Details
CAP RATE 7.29% CASH FLOW! Centrally located & TURNKEY Investment Property offering excellent rental income. With an impressive annual net income of $139,469, this ideal property provides steady returns without the need for immediate repairs and renovations, and provides room for growth. Situated in Sandy Hill, one of Ottawa’s most desirable rental market zone, the property is within walking distance to the University of Ottawa, LRT, Rideau Canal, Byward Market, Rideau River, and various parks. Owned for 15 years and meticulously maintained, the property showcases its character with historic mouldings, hardwood floors, vaulted ceilings, abundant natural light, and covered balconies. Located on a major bus route and with convenient access to all amenities, this property is in a prime location to enhance or start your investment portfolio! (id:7434)
Presented By: RIGHT AT HOME REALTY
Interior Features for 327 SOMERSET STREET E
Other Interior Features
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeRadiant heat
General for 327 SOMERSET STREET E
Building.StoriesTotal3
NeighbourhoodSandy Hill
Ownership TypeFreehold
Parking Space Total2
Property TypeMulti-family
Zoning DescriptionR4UB[480]-c
Exterior for 327 SOMERSET STREET E
Exterior FinishBrick
SewerMunicipal sewage system
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty