327 SOMERSET STREET E, Ottawa, Ontario
$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:56241)
- Listing ID: 1393662
- Property Type: Multi-family
- Year Built: 1902
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 327 SOMERSET STREET E in Ottawa Ontario, was last modified on May 29th, 2024. Contact us to schedule a viewing or to find other properties for sale in Ottawa.