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Royal LePage
Royal LePage
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$399,000

Cornwall ON, K6J 4J1

MLS® # X12349926

Property Information:

Great Investment Opportunity! Fully rented fourplex with a solid 6.2% cap rate. This well-maintained building features three 2-bedroom units and one 1-bedroom unit, each with in-suite laundry for tenant convenience. Rents are Unit 1 $685 + utilities, Unit 2 $725 + utilities, Unit 3 $725 + utilities, and Unit 4 $875 + utilities. Each unit includes one parking space. Located in a desirable area, close to all amenities. A turn-key investment. Call today to book your private viewing! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Amenities: Separate Hydro Meters, Separate Heating Controls
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Vinyl siding
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None
  • Appliances:

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 4
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 112.0 Feet
  • Lot Frontage: 69.0 Feet
  • Lot Size: 69 x 112 FT
  • Utility Type: Cable - Available, Hydro - Installed, Sewer - Installed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 322 CUMBERLAND STREET, Cornwall, Ontario, K6J 4J1

Demographic Information of 322 CUMBERLAND STREET, Cornwall, Ontario, K6J 4J1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$74,878.30

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.79 %

High school certificate or equivalent

36.3 %

Apprenticeship trade certificate/diploma

7.3 %

College/non-university certificate

21.51 %

University certificate (below bachelor)

0.59 %

University Degree

7.52 %

Commuter

Travel To Work

By Car

79.44 %

By Public Transit

0.97 %

By Walking

13.85 %

By Bicycle

0.55 %

By Other Methods

5.19 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

47.42 %

Houses

52.58 %

Own Vs. Rent

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