Property Information:
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 sub-metered 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 $55,740/year, Expenses for 2022 were approx. 10,846.99, cap rate approx. 4.72%. Don't miss your chance to own an investment property in this rapidly developing neighbourhood. (id:27)
Building Features:
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Style:
Triplex
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Building Type:
Triplex
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Air Conditioning:
Yes
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Basement Development:
Finished
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Basement Type:
Full
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Construction Style - Attachment:
Attached
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Exterior Finish:
Brick
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Flooring Type:
Hardwood, Tile
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Foundation Type:
Poured Concrete
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Heating Type:
Heat Pump, Radiant heat
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Heating Fuel:
Natural gas
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Cooling Type:
Heat Pump