297 ST PATRICK STREET

Ottawa, Ontario K1N5K4

$1,699,999 for 出售

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MLS®:

X12319517

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R4S Multi-Family

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Bldg=33.32 x 112.66 FT

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Forced air

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Natural gas

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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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