13
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$999,900
Est. payment /mo
5 Beds
4 Baths
New
55 Douglas AVE New Edinburgh - Lindenlea, ON K1M 1G3
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 3302 - Lindenlea
MLS Listing ID X12211135
Style 2-Storey
Bedrooms 5
Annual Tax Amount $8,817
Tax Year 2025
Property Sub-Type Fourplex
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!!
Location
State ON
County Ottawa
Community 3302 - Lindenlea
Area Ottawa
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features Other
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 100.0
Total Parking Spaces 5
Building
Foundation Poured Concrete
Listed by RE/MAX HALLMARK REALTY GROUP