297 St Patrick St

For Sale 66 Days
$1,699,999
beds
baths
9,200 Sqft

297 St Patrick St

For Sale 66 Days
$1,699,999
beds
baths
9,200 Sqft

Highlights

Key insights

Description

High performing 8 unit apartment building with excellent cashflow AND some upside! Well managed and maintained with many capital improvements done over the years. Boasting $148,367.40 in annual gross income, this multi unit would be an excellent addition to an investment portfolio. Being steps away from the Byward Market, Uottawa & Downtown Ottawa makes this building an ideal location for young professionals and students alike. Over the past 5 years,6/8 units have been fully renovated including new kitchens, bathrooms, flooring, trim etc. Two long time tenancies are well below market rent providing future upside on turnover while the other 6 units are at market rents. With excellent management in place, this building is turn key for the next investor. (id:55581)

Gershon Thambiah of SUTTON GROUP - OTTAWA REALTY,
#X12319517
updated 2 months ago.
Houseful checked MLS® for data 2 months ago.

Home overview

Amenities / Utilities
  • Heat source
    Natural gas
  • Heat type
    Forced air
Location
  • Subdivision
    4001 - lower town/byward market
Overview
  • Lot size (acres)
    0.0
  • Building size
    9200
  • Listing #
    X12319517
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28679089/297-st-patrick-street-ottawa-4001-lower-townbyward-market
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-4,533

/ Month
25 Years fixed, 20% down payment, % interest
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