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241 Ferland St

Ferland St, East End, Ottawa, ON, K1L 7T5

-
Beds
-
Baths
$644,000
List Price
Details
Photos
28
Comparables
History
241 Ferland St, Ottawa, ON - 1 of 3
241 Ferland St, Ottawa, ON - 2 of 3
241 Ferland St, Ottawa, ON - 3 of 3
New
28 days on market

Quick Summary

  • Strategically located legal duplex
  • Fully tenanted with excellent cash flow
  • Extensively renovated and improved
  • Separate entrances for each unit
  • Luxury vinyl flooring throughout
  • Updated kitchens and bathrooms
  • Recent windows and metal roofing
  • Newer gas furnace for efficiency

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,... Show More

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:54626)

Property Details

Parking

1 Parking Space
Surfaced

Lot

Size
478′11″ * 600′0″
Acres
-

Build

Year Built
1955
Model Name
-
Basement
Finished
Exterior
Brick
Foundation
Block
Builder Name
-
Stories
2
Flooring
Hardwood, Tile, Vinyl
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Source

Listing Brokerage

MLS® Listing
1391525
Last Updated
May 26, 2024
Brokerage
ENGEL & VOLKERS OTTAWA
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