241 FERLAND
Beechwood Village | Ottawa
$624,900.00
Listed 5 months ago
- - bed
- - bath
- - sqft
- 1 parking
- Multi-family
Property history
- Now
- Listed on May 11, 2024
Listed for $624,900.00
150 days on market
Location & area
Schools nearby
Home Details
- Description
- 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:39198)
- Additional media
- -
- Property taxes
- $3,228.00 per year / $269.00 per month
- Basement
- Finished, Full
- Year build
- 1955
- Type
- Multi-family
- Bedrooms
- null
- Bathrooms
- null
- Parking spots
- 1 Total
- Floor
- Tile, Hardwood, Vinyl
- Balcony
- -
- Pool
- -
- External material
- Brick
- Roof type
- -
- Lot frontage
- -
- Lot depth
- -
- Heating
- Forced air, Natural gas
- Fire place(s)
- -
Listing Brokerage
- MLS® Listing
- 1391525
- Brokerage
- ENGEL & VOLKERS OTTAWA
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