| Property TypeMulti-family | Built in1955 |
|
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 6.84%! ***6.84% RETURN*** (id:16400) |
| Amenities NearbyPublic Transit, Recreation Nearby, Shopping | LeaseNet |
| Parking Spaces1 | TransactionFor sale |
| Zoning DescriptionR4 |
| Basement DevelopmentFinished | BasementFull (Finished) |
| Constructed Date1955 | CoolingNone |
| Exterior FinishBrick | FlooringHardwood, Tile, Vinyl |
| FoundationBlock | Heating FuelNatural gas |
| HeatingForced air | Storeys Total2 |
| TypeDuplex | Utility WaterMunicipal water |
| Size Frontage39 ft ,11 in | AmenitiesPublic Transit, Recreation Nearby, Shopping |
| Current UseDevelopment residential | SewerMunicipal sewage system |
| Size Depth50 ft | Size Irregular39.95 ft X 50.01 ft |
Listing Office: ENGEL & VOLKERS OTTAWA
Data Provided by Ottawa Real Estate Board
Last Modified :26/07/2024 04:12:29 PM
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