Ottawa Realtor Michele Xu

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297 ST PATRICK STREET

Ottawa, Ontario K1N5K4

$1,699,999 for sale

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MLS®:
X12319517
Contract Days:
29
Community:
Ownership:
Property Type:
R4S Multi-Family
Total Size:
Bldg=33.32 x 112.66 FT
Built Date:
Parking:
Bedrooms:
+
Bathrooms:
Interior Features
Construction Style:
Total Stories:
Total Bedrooms:
Bedrooms Above Ground:
Bedrooms Below Ground:
Total Bathrooms:
Whole Bathrooms:
0
Half Bathrooms:
Basement Type:
Basement Development:
Appliances:
Exterior Features
Built Date:
Exterior Finish:
Foundation Type:
Utitilies
Heating Type:
Forced air
Heating Fuel:
Natural gas
Cooling Type:
Utility Water:
Municipal water
Sewer:
Total Fireplaces:
Type
Level
Size

Note

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:19004)

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