55 DOUGLAS AVENUE Active

Ottawa,ON K1M1G3

$ 999900

5 Beds

4 Baths

2000 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $499

Subdivision 3302 - Lindenlea

MLS Listing ID X12211135

Bedrooms 5

Source Ottawa Real Estate Board

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!! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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