Property Description for 55 DOUGLAS AVENUE
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:38686)
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Property Details
Property Tax
: $8,238 (2024)MLS® #
: X12379765
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: Forced air, Natural gasBasement
: Unfinished, N/A
Utilities
Sewer
: Sanitary sewer
Other
Parking Features
: No GarageExterior Features
: Vinyl siding
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