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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: X12379765
Listed 15 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. Furnace 2025. Must be seen!!

Building information

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Utility Water

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Land information

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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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