116abc Mcconnell Avenue Cornwall, Ontario K6H 4L1
$298,500
4_PLEX with mostly long term tenants with an excellent rent collection history.. See the listing for complete I/E Details. The seller has provided I/E summary indicating the property on average generates approximately $25,500 annually before debt service, depreciation, property maintenance and vacancy/bad debt. The seller will provide all supporting Income/Expense documentation as part of a condition in any accepted offer. The property is being sold "as is" and possession is subject to the existing month to month tenancies The tenants have permitted interior photos to be taken of their apartments for investors digital inspection of this investment property with the hope that more qualified investors will consider this property and all tenants have indicated they wish to remain as tenants. 24 hour notice is required for showing as per the Act and the Seller requires 2 business days to deal with any and all offer(s). (id:37229)
Property Details
| MLS® Number | 1339067 |
| Property Type | Multi-family |
| Neigbourhood | Eastend 1/2 block to River |
| Amenities Near By | Public Transit, Shopping, Water Nearby |
| Communication Type | Internet Access |
| Easement | Unknown |
| Parking Space Total | 4 |
Building
| Basement Development | Unfinished |
| Basement Features | Low |
| Basement Type | Partial (unfinished) |
| Constructed Date | 1921 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Siding |
| Fireplace Present | No |
| Flooring Type | Mixed Flooring |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Space Heater |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| None | |
| Surfaced |
Land
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Public Transit, Shopping, Water Nearby |
| Sewer | Municipal Sewage System |
| Size Depth | 90 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 Ft X 90 Ft (irregular Lot) |
| Size Total Text | 50 Ft X 90 Ft (irregular Lot) |
| Zoning Description | Residential |
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May 13 2023 03:16:41
Cornwall & District Real Estate Board
Cameron Real Estate Brokerage