This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
455 Somerset St W
6 Unit Apartment Building $1,707,267 USD ($284,545 USD/Unit) 4.69% Cap Rate Ottawa, ON K1R 5J7
Investment Highlights
- 6 unit complex
- Walking distance to uOttawa and main/frequent transit lines
- Walking distance to the Rideau Center
- Exceptional investment opportunity
- Located near amenities, restaurants, shopping, and entertainment
Executive Summary
6-unit complex with 2 vacant units ready for your vision - Waiting for your clients’ renovations. Current NOI: $113,510 with amazing potential that you can easily unlock with transient tenants. Welcome to 455/457 Somerset an exceptional investment opportunity offering both comfort and significant income potential. This meticulously maintained building features six spacious units, each with a thoughtful layout designed to maximize living space and enhance tenant satisfaction. Set in a desirable location, this property not only promises higher income potential but also comes with the convenience of nearby amenities and excellent transport links. This is a must-see investment for anyone looking to expand their real estate portfolio with a property that combines comfort, style, and substantial financial returns. 24 hours notice required for tenants. NOI is projected from 4 actual and 2 vacant unit rents.
Property Facts
| Price | $1,707,267 USD | Property Type | Multifamily |
| Price Per Unit | $284,545 USD | Property Subtype | Apartment |
| Sale Type | Investment | Building Size | 5,500 SF |
| Cap Rate | 4.69% | No. Stories | 3 |
| No. Units | 6 | Year Built | 1955 |
| Price | $1,707,267 USD |
| Price Per Unit | $284,545 USD |
| Sale Type | Investment |
| Cap Rate | 4.69% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Size | 5,500 SF |
| No. Stories | 3 |
| Year Built | 1955 |
Unit Amenities
- Balcony
1 of 1
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Biker's Paradise (99)
Learn More About Investing in Apartment Buildings
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
455 Somerset St W
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.