501 FIFTH STREET W, Cornwall, Ontario, K6J 2V7

$815,000

MLS® # X12339637

Investment For Sale In Downtown, Cornwall, Ontario

$815,000

Property Information:

5-Plex for Sale! This uniquely designed Apartment building is situated on a corner lot, at 501 Fifth St W and 48 Gulf St, and features a large, 2 storey 3 bedroom unit, two 2-bedroom units, and two 1-bedroom units. With a Cap Rate of 7%, this is a great investment to round out your portfolio. There have been major upgrades to the building, only 3 years old, with a new roof in 2022 and new engineered stairs with steel/concrete footings done in 2024. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 5081 sqft
  • Heating Type: Baseboard heaters
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 5081 Square Feet
  • Irregular: Yes
  • Lot Depth: 49.0 Feet
  • Lot Frontage: 103.0 Feet
  • Lot Size: 103 x 49 FT
  • Zoning: Res20
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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