64 GENEST STREET

This Completely Updated 6 unit apartment building which enjoys premium rental location, is just minutes to downtown, steps to the cafes/restaurants along Beechwood Avenue, steps to shopping, surrounded by parks, and minutes to the Rideau River and Ottawa River. The apartments are charming, spacious and bright and are in excellent condition with modern kitchens, all with dishwashers, and attractive modern bathrooms. Lovely flooring throughout. There are three - 3 bedroom apartments and three - 2 bedroom apartments. The roof is just three years old (redone in 2023) and the windows are modern pvc windows.There are four parking spaces and coin operated laundry is located in the building. This is an impeccable low maintenance and beautifully updated building, which enjoys excellent rental location with very desirable 2 and 3 bedroom apartments and is the ideal investment property. The Annual Gross Revenue is $141,348.00. The Annual Expenses are $27,4988. The Net Income is $113,860.00 per year. Rent Roll and Financial Statement available upon request. 48 hour notice required for all showings. (id:67197)

Price

$1,899,000

Property Type

Multi-family

Transaction Type

For sale

Bedrooms

15

Bathrooms

6

Parking

4

MLS® Number

X13721962

Interior Size

5000 - 100000 sqft

Building Type

Other

Bedrooms Above Grade

15

Bathrooms

6

Basement

N/A

Cooling

None

Exterior Finish

Brick, Vinyl siding

Fireplace

No

Foundation

Poured Concrete

Heating Fuel

Natural gas

Heating

Forced air

Interior Size

5000 - 100000 sqft

Stories

2

Water

Municipal water

Size Frontage

49 ft ,10 in

Size Depth

98 ft ,10 in

Acreage

No

Sewer

Sanitary sewer