$399,000

Investment For Sale In Downtown, Cornwall, Ontario

$399,000

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

Courtesy of: Royal LePage Integrity Realty

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