327 Somerset Street E Ottawa, Ontario K1N 6W4
$1,999,900
Seize this RARE opportunity to snag a lucrative, centrally-located & TURNKEY investment property in the heart of popular Sandy Hill. Proceed w/ the fully-occupied 6+1-unit building or explore the potential offered by the existing R4UB zoning & the City’s new Zoning By-law project (2025). With the University of Ottawa, LRT, Rideau Canal, Byward Market, HWY417, Rideau River & riverfront parks/greenspace just steps away (incl Strathcona Park), this property offers unparalleled possibilities in a sought-after rental market. The strategic unit & tenant mix offers an impressive annual NOI, with potential for future growth. Proud ownership for 15 years: Well-maintained & boasting character, incl historic mouldings, hrdwd floors, vaulted ceilings, lots of natural light & covered balconies. W/ convenient access to all amenities & situated on a major bus route, this is an ideal location to start growing your portfolio in downtown Ottawa! Avail for immediate possession. No Heritage designation. (id:53130)
Property Details
| MLS® Number | 1393662 |
| Property Type | Multi-family |
| Neigbourhood | Sandy Hill |
| Parking Space Total | 2 |
Building
| Constructed Date | 1902 |
| Cooling Type | None |
| Exterior Finish | Stone, Brick, Vinyl |
| Foundation Type | Block, Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 71 Ft ,4 In |
| Size Frontage | 33 Ft ,4 In |
| Size Irregular | 33.33 Ft X 71.33 Ft |
| Size Total Text | 33.33 Ft X 71.33 Ft |
| Zoning Description | R4ub[480]-c |
https://www.realtor.ca/real-estate/26961435/327-somerset-street-e-ottawa-sandy-hill
Interested?
Contact us for more information
Janine Hogg
Salesperson
janinehogg.ca/
linkedin.com/in/janine-hogg-b-journalism-385b3411a
785 Notre Dame St, Po Box 1345
Embrun, Ontario K0A 1W0
(613) 443-4300
(613) 443-5743
www.exitottawa.com
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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Ottawa Real Estate Board
Exit Realty Matrix
July 25 2024 05:13:22
