110 GENEST STREET, Ottawa, Ontario

$945,000

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:56241)

Listing ID: 1391075
Property Type: Multi-family

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Details

Amenities Nearby: Public Transit, Water Nearby
Features: Corner Site, Balcony
Parking Spaces: 3
Structure: Deck
Transaction: For sale
Zoning Description: R4UA

Building

BasementType: Full (Finished)
Basement Development: Finished
Construction Style Attachment: Attached
Cooling: Heat Pump
Exterior Finish: Brick
Fireplace Present: False
Flooring: Hardwood, Tile
Foundation: Poured Concrete
Heating: Heat Pump, Radiant heat
Heating Fuel: Natural gas
Stories Total: 3
Type: Triplex
Utility Water: Municipal water

Land

Amenities: Public Transit, Water Nearby
Sewer: Municipal sewage system
Size Frontage: 41 ft ,7 in
Size Irregular: 41.62 ft X 59.93 ft (Irregular Lot)

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 110 GENEST STREET in Ottawa Ontario. It was last modified on May 8th, 2024. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.

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