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241 Ferland Street Ottawa, Ontario K1L 7T5

None Forced Air

$649,000

241 Ferland is a strategically located legal duplex with two updated units that generate excellent cash flow and R4E Zoning allowing future development. 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 with a 6.73% return. This building is a true investment property that is well priced and worth pursuing. (id:35531)

Property Details

MLS® Number 1391525
Property Type Multi-family
Neigbourhood Beechwood Village
Amenities Near By Public Transit, Recreation Nearby, Shopping
Parking Space Total 1

Building

Basement Development Finished
Basement Type Full (finished)
Constructed Date 1955
Cooling Type None
Exterior Finish Brick
Fireplace Present No
Flooring Type Hardwood, Tile, Vinyl
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Duplex
Utility Water Municipal Water

Parking

Surfaced

Land

Acreage No
Current Use Development Residential
Land Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Depth 50 Ft
Size Frontage 39 Ft ,11 In
Size Irregular 39.95 Ft X 50.01 Ft
Size Total Text 39.95 Ft X 50.01 Ft
Zoning Description R4

https://www.realtor.ca/real-estate/26882258/241-ferland-street-ottawa-beechwood-village

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