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Key Facts
Key facts for 55 Douglas Avenue
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 5 parking
MLS #
X12211135
Size
2000-2500 sqft
Basement
Unfinished
Listed on
2025-06-10
Lot size
40 x 100.0
Tax
$8,817 /yr
Days on Market
81
Approximate Age
-
Maintenance Fee
-
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 nev...er 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!!
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