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Property at 55 DOUGLAS AVENUE image 1
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13

$999,900

55 DOUGLAS AVENUE
Ottawa, Ontario, Ontario, K1M1G3

MLS® Number: X12211135
Listed 9 days ago
5 4

Property description

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!!

Building information

Type

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Basement Development

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Exterior Finish

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Foundation Type

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Heating Fuel

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Heating Type

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Size Interior

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Stories Total

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Utility Water

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Land information

Sewer

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Size Depth

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Size Frontage

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Size Irregular

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Size Total

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Courtesy of RE/MAX HALLMARK REALTY GROUP

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