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:4069)
Address
110 GENEST STREET
List Price
$945,000
Property Type
Single Family
Type of Dwelling
Triplex
Area
Ontario
Sub-Area
Ottawa
Bedrooms
6
Bathrooms
3
Lot Size
41.62 x 59.93 FT ; Lot line jog around garage Sq. Ft.
MLS® Number
X11933778
Listing Brokerage
REAL BROKER ONTARIO LTD.
Basement Area
N/A (Finished)
Postal Code
K1C7Z2
Zoning
R4UA
Features
Irregular lot size
Amenities
Separate Electricity Meters
