$999,900

55 Douglas Avenue, Ottawa, Ontario, K1M1G3

Details

  • Listing ID: X12379765
  • Price: $999,900
  • Address: 55 Douglas Avenue, Ottawa, Ontario K1M1G3
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Stories: 2
  • Property Type: Multi-family
  • Heating: Natural Gas, Forced Air

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 40×100 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!! (id:22130)

 
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