297 St Patrick Street

FOR SALE
$1,699,999
297 St Patrick Street, Lower Town - Sandy Hill
297 St Patrick Street
297 St Patrick Street
297 St Patrick Street
297 St Patrick Street
297 St Patrick Street
297 St Patrick Street
297 St Patrick Street
297 St Patrick Street
297 St Patrick Street
297 St Patrick Street
Investment
CATEGORY
9,200 Sq Ft
TOTAL AREA
X12319517
MLSID
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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.
Property Details
Address
297 St Patrick Street
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
Listing contracted with Sutton Group - Ottawa Realty
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