297 St Patrick Street
Lower Town - Sandy Hill, K1N 5K4
FOR SALE
$1,699,999

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Investment
CATEGORY9,200 Sq Ft
TOTAL AREAX12319517
MLSIDContact Us
Property 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.
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Property Details
Address
297 St Patrick Street
Community
Postal Code
K1N 5K4
Property Type
Investment, Investment
Use
Apartment
Zoning
R4S
Lot Size
33' x 113'
Total Area
9,200 Sq Ft
Acreage
3,753.8 Feet
Taxes
$14,226 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
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Listing contracted with Sutton Group - Ottawa Realty
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