Properties in Ottawa
Properties in Ottawa
Properties in Ottawa
241 Ferland Street Ottawa, Ontario K1L 7T5
$624,900
241 Ferland: Strategically located legal duplex, fully tenanted updated units that generate excellent cash flow ($2300 up mth to mth/$2000 down June 2024) & R4E Zoning. The property offers three beds and one bath upstairs, with 2 beds and one bath downstairs. The property has been extensively renovated and improved both inside and out with newer kitchens, updated bathrooms, insulation, witing, fixtures and far more. Located in an area that sees very high demand this could be an easy investment property to purchase and manage as you grow your real estate portfolio and increase your income over time with solid tenancies and the future appreciation in values near Beechwood. Featuring separate entrances, luxury vinyl flooring, updated kitchens and baths, recent windows, a metal roofing system and newer gas furnace. Building is a true investment property that is well priced and worth pursuing. $51,600 GOI/$43,692 NOI/Cap 7% RETURN*** Staggering 7% return on investment***** (id:55689)
Property Details
| MLS® Number | 1391525 |
| Property Type | Multi-family |
| Neigbourhood | Beechwood Village |
| AmenitiesNearBy | Public Transit, Recreation Nearby, Shopping |
| ParkingSpaceTotal | 1 |
Building
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1955 |
| CoolingType | None |
| ExteriorFinish | Brick |
| FlooringType | Hardwood, Tile, Vinyl |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| CurrentUse | Development Residential |
| LandAmenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 50 Ft |
| SizeFrontage | 39 Ft ,11 In |
| SizeIrregular | 39.95 Ft X 50.01 Ft |
| SizeTotalText | 39.95 Ft X 50.01 Ft |
| ZoningDescription | R4 |
https://www.realtor.ca/real-estate/26882258/241-ferland-street-ottawa-beechwood-village
Interested?
Contact us for more information
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 The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 30 2024 09:13:35
Ottawa Real Estate Board
Engel & Volkers Ottawa