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:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
41.58 x 59.92 ft
Amenities Nearby
Public Transit, Water Nearby
Features
Corner Site, Balcony
Lease Type
Gross
Listing Contract Date
2023-07-06
Municipal ID
042350411
# of Parking Spaces
3
Property Type
Multi-family
Structures
Deck
Transaction Type
For sale
Zoning Description
R4UA
Building
Basement Development
Finished
Basement Type
Full (Finished)
Construction Style (Attachment)
Attached
Cooling Type
Heat Pump
Exterior Finish
Brick
Flooring Type
Hardwood, Tile
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Heat Pump, Radiant heat
Stories Total
3
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Attached Garage
Surfaced
Tandem
Land
Total Size
41.62 ft X 59.93 ft (Irregular Lot)
Amenities
Public Transit, Water Nearby
Sewer
Municipal sewage system
Size of Irregular Land
41.62 ft X 59.93 ft (Irregular Lot)
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