About 55 Douglas Avenue
Don't wait to buy real estate, Buy real estate and wait!! This couldn't be more true for this fourplex in an incredible area. Boasting a 4.9% Cap Rate, this 4plex is cash flow positive with 20% down! Start making money today!! In the heart of New Edinburgh and situated on a 40x100 lot, there has never been a vacancy. The 4 units consist of one bachelor unit, two 1-bedroom units and one 2 bedroom unit. Loads of potential for upswing as rents are below market value. Fire retrofitted, plenty of parking, lush backyard, balconies and front deck. Must be seen!!
Features of 55 Douglas Avenue
| MLS® # | X12379765 |
|---|---|
| Price | $999,900 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Square Footage | 2,000 |
| Type | Residential Freehold |
| Sub-Type | Fourplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 55 Douglas Avenue |
|---|---|
| Area | Ottawa |
| Subdivision | 3302 - Lindenlea |
| City | New Edinburgh - Lindenlea |
| Province | ON |
| Postal Code | K1M 1G3 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Basement | Unfinished |
Exterior
| Exterior | Vinyl Siding |
|---|
Listing Details
| Office | RE/MAX HALLMARK REALTY GROUP |
|---|