Quick Summary
Quick Summary
- Exceptional investment opportunity in up-and-coming area
- Well-maintained corner lot triplex with 3 units
- All units have 2 beds, 1 bath and in-unit laundry
- Recent updates include high-efficiency boiler, windows
- Flat roof, copper water service, rebuilt entrance
- Ductless air conditioners in two units
- All units tenanted with submetered hydro
- Close to grocery, retail, fitness, Rideau River
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... Show More
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:54626)
Property Details
Parking
Lot
Build
Heating & Cooling
Utilities
Book A Private Showing
For Sale Nearby
- 3922 Sq. Ft.
- 3
- 3
- 818 Sq. Ft.
- 2
- 1
Sold Nearby
- 4
- 3
- 3
- 1
- 5
- 3
- 2
- 3
- 2
- 2
- 985 Sq. Ft.
- 2
- 2
- 2
- 2
- 2
- 2
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.