
Courtesy of: Tim Somerville, Salesperson, Royal LePage Atlantic
$284,900
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2,000 square feet
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Multi-family
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$284,900
377 Douglas Avenue Welcome to 377 Douglas Avenue! This lovely 2-family home is located on a well-known street with a main bus route, high school and museum as just parts of what Douglas Avenue has to offer. Connecting 2 parts of the city, this location is close to many amenities. Ideal for owner occupancy, this property features 2-3 bedroom units with rents of $1600/month, heat and lights included. With a lovely yard, this lot is quite large for a city lot and has had many updates throughout the years. Approximate total income = $38, 400. Approximate expenses: Insurance - $2, 364, Water/Sewer - $2, 892, Electricity - $2, 848, Taxes - $4, 645 and Heat - $5, 471. Approximate total expenses: $18, 220. Approximate net income = $20, 180. This is a solid 2-family that is worth a look! (id:203)