294 SOMERSET STREET E

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Description

Great location! Close to Ottawa University, Rideau Centre and the Byward market! Lot and plans to build a modern 8 unit building approx. 5500 sq ft AG and 7200 sq ft with basement. 2 x 1 bedrooms (approx $1800/Monthly), 6 x 2 bedrooms ($2400/Monthly). Use the open concept floor plans and choose modern finishings. Projected GOI= $216,000. NOI = $151,200. Expenses estimated at 30%. Over $250,000 have already been paid for soft costs including all plans, permits, land tests, geo tech etc. Site Plan attached. 24 hours irrevocable on all offers. (id:21126)

Property Location

Data Provided by REALTORS® Association of Canadian Real Estate

Last Modified: Fri, 07 Oct 2022 17:11:22 GMT

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