Listing ID: 1393662  
$1,999,900

327 SOMERSET STREET E

EXIT REALTY MATRIX

  • 327 SOMERSET STREET E
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  • 327 SOMERSET STREET E
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327 SOMERSET STREET E, Ottawa, Ontario, K1N6W4
Property TypeMulti-family Built in1902

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:16400)


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Details
Management CompanyN/A - OwnershipFreehold
Parking Spaces2 TransactionFor sale
Zoning DescriptionR4UB[480]-c
Building
Constructed Date1902 CoolingNone
Exterior FinishStone, Brick, Vinyl FoundationBlock, Stone
Heating FuelNatural gas HeatingRadiant heat
Storeys Total3 Utility WaterMunicipal water
Land
Size Frontage33 ft ,4 in SewerMunicipal sewage system
Size Depth71 ft ,4 in Size Irregular33.33 ft X 71.33 ft

Listing Office: EXIT REALTY MATRIX

Data Provided by Ottawa Real Estate Board

Last Modified :25/07/2024 01:13:22 PM

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