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Home ON Ottawa - Gatineau Ottawa Lindenlea - New Edinburgh
55 DOUGLAS AVENUE
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55 DOUGLAS AVENUE $999,900
$999,900
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55 DOUGLAS AVENUE
Ottawa, Ontario K1M1G3

MLS® Number: X12211135
5
Bedrooms
4
Bathrooms
2000 - 2500
Square Feet

Listing 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!! (40659007)

Location Description

Beechwood

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
2000 - 2500 sqft
Community Name
3302 - Lindenlea
Land Size
40 x 100 FT
Annual Property Taxes
$8,817
Parking Type
No Garage
Time on REALTOR.ca
16 days

Building

Bedrooms
Above Grade
5
Bathrooms
Total
4
Interior Features
Basement Type
N/A (Unfinished)
Building Features
Foundation Type
Poured Concrete
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Parking
Parking Type
No Garage
Total Parking Spaces
5

Measurements

Square Footage
2000 - 2500 sqft

Land

Lot Features
Frontage
40 ft
Land Depth
100 ft
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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