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:4069)
Address
55 DOUGLAS AVENUE
List Price
$999,900
Property Type
Multi-family
Type of Dwelling
Fourplex
Area
Ontario
Sub-Area
Ottawa
Bedrooms
5
Bathrooms
4
Floor Area
20,002,500 Sq. Ft.
Lot Size
40 x 100 FT Sq. Ft.
MLS® Number
X12211135
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Basement Area
N/A (Unfinished)
Postal Code
K1M1G3
