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:63879)
| MLS® Number | X13242440 |
| Property Type | Multi-family |
| Community Name | 4004 - Sandy Hill |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 3520 Sqft |
| Size Interior | 3,520 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | Yes |
| Size Depth | 62 Ft |
| Size Frontage | 69 Ft |
| Size Irregular | 3520 |
| Size Total | 3520 Ac |
| Size Total Text | 3520 Ac |
| Zoning Description | R4h[480] |
https://www.realtor.ca/real-estate/29855613/314-somerset-street-e-ottawa-4004-sandy-hill
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