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48 LOUISA STREET in Ottawa: Multi-family for sale : MLS®# 1403335
48 LOUISA STREET Ottawa K1R 6Y8 
$989,000Multi-family- Status:
- Active
- MLS® Num:
- 1403335
Great cash-flow fourplex in West Centretown zoned R4T. Steps to Little Italy, Government Buildings & Dows lake, with a CAP rate approaching 5%. Features a large home that houses 3 units & separate bungalow, four units in total. One spacious renovated two bedroom, one bachelor, updated one bedroom & a large separate free standing 2 bedroom unit w/ private entry & yard. Huge lot size allowing for 5 parking spaces on this double lot in a thriving neighborhood perfect for young professionals. Copy of survey and fire retrofit (2011) available. Largest apartment completely renovated in 2011. Great current & future value in this property. 3 tenants are on month to month - upside for higher rents as all units are under market value. Quality tenants- there has never been a vacancy in over 10 years. Shared pay per use laundry in basement adding income to property. 24 hr on offers as there are two owners. All units tenant occupied, notice to show needed scheduled days and times in rep remarks. (id:2493) More detailsListed by ENGEL & VOLKERS OTTAWA
- DANIEL OAKES
- Engel & Völkers Ottawa Central Brokerage
- 613-422-8688
- Contact by Email
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241 FERLAND STREET in Ottawa: Multi-family for sale : MLS®# 1391525
241 FERLAND STREET Ottawa K1L 7T5
$624,900Multi-family- Status:
- Active
- MLS® Num:
- 1391525
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:2493) More detailsListed by ENGEL & VOLKERS OTTAWA - DANIEL OAKES
- Engel & Völkers Ottawa Central Brokerage
- 613-422-8688
- Contact by Email
Data was last updated October 4, 2024 at 05:15 PM (UTC)
