241 FERLAND Street, Ottawa, Ontario K1L7T5

Listing courtesy of ENGEL & VOLKERS OTTAWA.

$644,000
List Price
$644,000
Price Change
▼ $5,000 1716780766
MLS®
1391525
Days on Market
37
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
39.95 ft X 50.01 ft
Subdivision
Beechwood Village

Property Description

241 Ferland: Strategically located legal duplex, fully tenanted updated units that generate excellent cash flow ($2300 up/$2000 down) & 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 this property shows well and is very well maintained. This building is a true investment property that is well priced and worth pursuing. $51,600 GOI/$43,692 NOI/Cap 6.785%! ***6.785% RETURN*** (id:5764)

Additional Information

Subdivision
Beechwood Village
Parking Spaces
1
Cooling
None
Country
Canada
Flooring
Tile, Hardwood, Vinyl
Sewer
Municipal sewage system
Heating
Forced air, Natural gas
Total Number Of Units
2
Stories
2

Mortgage Calculator

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Calculator source: Real Geeks