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1101 Gretchen Court Cornwall, Ontario K6H 6T2

8 Bedroom 8 Bathroom 3,500 - 5,000 ft2
None Forced Air

$1,600,000

Welcome to 1101 Gretchen Court, a 2015 quality built and well located fourplex that offers spacious units, stunning curb appeal, and all the conveniences that appeal to a wide spectrum of tenants. Each of the 4 units in this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units host west facing balconies while the main level units have both a front entrance and a rear entrance off the parking lot. This property currently grosses $73,692 annually, and with market priced rents has a potential gross revenue of $103,2000 annually. Current operating expenses are $19,461 and Net Operating Income is $54,231. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers. (id:37229)

Property Details

MLS® Number X12842682
Property Type Multi-family
Community Name 717 - Cornwall
ParkingSpaceTotal 6

Building

BathroomTotal 8
BedroomsAboveGround 8
BedroomsTotal 8
Appliances Water Heater
BasementType None
CoolingType None
ExteriorFinish Brick, Vinyl Siding
FireplacePresent No
FoundationType Concrete, Slab
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 3,500 - 5,000 Ft2
Type Fourplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 169 Ft ,1 In
SizeFrontage 95 Ft ,6 In
SizeIrregular 95.5 X 169.1 Ft
SizeTotalText 95.5 X 169.1 Ft

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29424835/1101-gretchen-court-cornwall-717-cornwall

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