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306 Marlborough Street N Cornwall, Ontario K6H 4A3

7 Bedroom 3 Bathroom 2000 - 2500 sqft
None Forced Air

$434,900

Located in the desirable Marlborough neighbourhood, directly across from the Joe St. Denis Football Field, this 7-bedroom triplex presents a compelling opportunity for investors seeking strong income potential. The property is currently generating approximately $3,647.80 per month in rental income (approximately $43,773.60 annually) from three occupied units. Based on current operating figures, the property offers an approximate Net Operating Income of $34,354.60 and an estimated cap rate of approximately 7.9%, making it an attractive addition to an investment portfolio. Positioned in an established residential area with convenient access to schools, parks, and amenities, this income-producing property combines location, rental demand, and solid returns. 24 Hour notice required for all showings. 48 Hour irrevocable on all offers as per Form 244. (id:61445)

Property Details

MLS® Number X13169918
Property Type Multi-family
Community Name 717 - Cornwall
Features Carpet Free

Building

BathroomTotal 3
BedroomsAboveGround 7
BedroomsTotal 7
BasementDevelopment Unfinished
BasementType Full (unfinished)
CoolingType None
ExteriorFinish Vinyl Siding
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2000 - 2500 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 66 Ft
SizeFrontage 51 Ft
SizeIrregular 51 X 66 Ft
SizeTotalText 51 X 66 Ft

https://www.realtor.ca/real-estate/29800062/306-marlborough-street-n-cornwall-717-cornwall

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Taylor Gingras
Salesperson


Keller Williams Integrity Realty
902 Second St W Unit:g100
Cornwall, Ontario K6J 1H7

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