• 788 SOMERSET STREET
  • 788 SOMERSET STREET
  • 788 SOMERSET STREET
  • 788 SOMERSET STREET

788 SOMERSET STREET

Ottawa, Ontario K1R6R2

$5,000,000

ID# 1259625
Investment/ Development Opportunity. 784 to 792 Somerset St W and 12 and 14 Lebreton St N. Mixed commercial and residential properties: 4 retail spaces (restaurants), 6 Apartments (1-2 bedroom apartment and 5-1 bedroom apartments) and 16 rooms rentals and approx 15 car parking. Lot: 784 to 792 Somerset St 87.66 x 90.94 Feet Irregular, and 12&14 Lebreton St 86.50 x 156.06 Feet Irregular, total lot area 18871 Sq Ft.The two lots from Somerset St and Lebreton St joins at the back.The total gross income is approx $396,000.00, the total expenses approx $80,000.00, the net income approx $316,000.00. Vendor may take back 1st mortgage with approx 15-20% down payment, terms to be negotiated. https://youtu.be/1oaXZp7N3II (id:25961)
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Courtesy of EXP REALTY
Listed on: September 01, 2021

On market: 25 days

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Bathroom Total 0
Half Bathrooms Total 0
Year Built 1960

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