Fantastic Investment Opportunity! This well-maintained 5-plex offers a strong income profile with a great mix of occupied units and future rental upside. Unit 9 is currently rented for $1,076.25/month, plus $240 every three months. Apartment A is rented for $1,125/month plus electric, Apartment B is currently vacant, Apartment C is rented for $1,025/month plus electric, and Apartment D is rented for $825/month plus electric. Each unit is separately metered, allowing for simplified management and tenant utility responsibility. Whether you are looking to expand your investment portfolio or secure a multi-unit property with income potential, this 5-plex is an excellent opportunity. 48 hours' notice required for all showings and 48-hour irrevocable on all offers as per Form 244. (id:61445)
| MLS® Number | X12934574 |
| Property Type | Multi-family |
| Community Name | 717 - Cornwall |
| ParkingSpaceTotal | 4 |
| BathroomTotal | 5 |
| BedroomsAboveGround | 6 |
| BedroomsTotal | 6 |
| BasementType | None |
| CoolingType | None |
| ExteriorFinish | Steel |
| FoundationType | Slab |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| SizeInterior | 3000 - 3500 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 77 Ft |
| SizeFrontage | 38 Ft ,9 In |
| SizeIrregular | 38.8 X 77 Ft |
| SizeTotalText | 38.8 X 77 Ft |
https://www.realtor.ca/real-estate/29531791/9-first-street-e-cornwall-717-cornwall
Contact us for more information
Taylor Gingras
Salesperson