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$ 435,000
Est. payment /mo
Active
707-713 FIRST STREET E Cornwall, ON K6H1M3
5 Beds
4 Baths
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $217
Subdivision 717 - Cornwall
MLS® Listing ID X12076187
Bedrooms 5
Originating Board Cornwall & District Real Estate Board
Property Description
POSITIVE CASH FLOW FOURPLEX! Solid brick Fourplex in an upcoming area of Cornwall. This fourplex is in prime location with proximity to shops, school, college and recreational center. Good income with solid tenants. The units are all similar in size with some having their original 2 bedrooms, with others having been converted into a more spacious one bedroom. All units are heated with gas space heaters. Renovation includes most windows, and bathroom. The detached garage and attached shed offers great parking space and storage possibility. Don't miss this opportunity with the adjacent building also being sold by same owner... possibility to own a large piece of land in prime location. Rents are: $875 inclusive (2 units), $998.75 inclusive, $900 plus utilities (Total/year: $43,785). Expenses (2023) are: Prop.tax $2645, Water/Sewer $2296, Hydro $3383, Gas $4979, Insurance $3301 (Total/year: $16,604). Expenses for Hydro and Gas should be less in 2025 as one new tenant is now paying their own utilities. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat
Exterior
Parking Features Yes
Community Features Community Centre
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by DECOSTE REALTY INC.