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64 GENEST STREET, Ottawa

15 BEDS · 6 BATHS · 5000 - 100000 sqft

$1,799,000

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.

General Info


MLS Listing ID: X14148564 Bedrooms: 15 Bathrooms: 6 Year Built: 0
Listing Type: Multi-family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Poured Concrete Roof: N/A Title To Land: N/A Parking Space Total: 4
Parking: No Garage Heating: Forced air Size: 5000 - 100000 sqft Air Conditioning : None
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: N/A
Water Supply: Municipal water Road Type: N/A Pool Type: N/A
Listed BY: Joseph McLaughlin, FIRST CHOICE REALTY ONTARIO LTD.

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