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55 DOUGLAS AVENUE
3302 - Lindenlea Ottawa K1M 1G3

$999,900
Multi-family beds: 5 baths: 4.0

Main Photo: 55 DOUGLAS AVENUE in Ottawa: Multi-family for sale : MLS®# X12379765
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
X12379765
Bedrooms:
5
Bathrooms:
4
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:2493)
Property Type:
Multi-family
Property Attached:
Yes
Living Area (Min):
2,000 sq. ft.
Living Area (Max):
2,500 sq. ft.
Taxes:
$8,238 / 2024
Community:
3302 - Lindenlea
Exterior Features:
Vinyl siding
Structure Type:
Fourplex
Appliances Included:
Refrigerator, Stove
Bedrooms:
5
Bedrooms Above Grade:
5
Bathrooms:
4.0
Cooling:
Central air conditioning
Fireplace:
No
Foundation:
Poured Concrete
Heating:
Forced air, Natural gas
# Storeys:
2.0
Water:
Municipal water
Sewer:
Sanitary sewer
Basement:
Unfinished, N/A
Lot Frontage:
40'
Lot Details:
40 x 100 FT
Parking:
No Garage
Total Parking Spaces:
4
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Listed by RE/MAX HALLMARK REALTY GROUP
Data was last updated September 7, 2025 at 08:15 AM (UTC)
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