110 GENEST

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Description

Welcome to 110 Genest - Discover an exceptional investment opportunity in one of Ottawa's up and coming neighbourhoods - steps from Beechwood Avenue! This exceptionally well-maintained corner lot triplex features three 2-bed, 1 bath units with full sized in-unit laundry. Additional updates: high-efficiency boiler (2018) ,updated windows (Unit 1 in 2018, Unit 2 in 2022, Unit 3 in 2019), flat roof (approx. 2010) ,copper water service (2019), rebuilt property entrance/basement stairs (2020) and ductless air conditioners in two units. All units have submetered hydro, and no rental equipment in building, all owned. All units are tenanted. Quick walk to Metro grocery store, Starbucks, LCBO, Anytime Fitness, Rideau River & dozens of other great amenities. Gross rent is currently $57,174/year, Expenses approx. $10,846.99, cap rate approx. 4.90%. Don't miss your chance to own an investment property in this rapidly developing neighbourhood. (id:39198)

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Additional media

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Property taxes

$4,881.00 per year / $406.75 per month

Basement

Finished, Full

Year build

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Type

Multi-family

Bedrooms

null

Bathrooms

null

Parking spots

3 Total

Floor

Tile, Hardwood

Balcony

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Pool

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External material

Brick

Roof type

-

Lot frontage

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Lot depth

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Heating

Heat Pump, Radiant heat, Natural gas

Fire place(s)

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