120-122 Sydney Street Cornwall, Ontario K6H 3H2
$1,200,000
BEAUTIFULLY RENOVATED UNIQUE HISTORIC BRICK BUILDING IN DOWNTOWN LOCATION! Check out this super clean building which has been converted to an easy to maintain 5 Plex residential apartment building. This fully renovated/ fully occupied property has an annual net cash flow of over 50k and the listed price is based on the a 4.5% capitalization rate return based on the asking prices and I/E provided by the seller. Each apartment is finished with hardwood flooring & beautifully updated contemporary kitchens + bathrooms. The units are all very spacious with two bedrooms, a 4pc bath, an en-suite laundry & features such as central self-controlled AC, individual decks, private/paved on-site parking + stainless steel appliances of which are included with all leases. Each unit has its own services with separate meters + the tenants pay their own utilities. (id:37229)
Property Details
| MLS® Number | 1269831 |
| Property Type | Multi-family |
| Neigbourhood | Downtown Cornwall |
| Parking Space Total | 6 |
Building
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fireplace Present | No |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 109 Ft |
| Size Frontage | 67 Ft ,10 In |
| Size Irregular | 67.87 Ft X 108.97 Ft (irregular Lot) |
| Size Total Text | 67.87 Ft X 108.97 Ft (irregular Lot) |
| Zoning Description | Cbd |
https://www.realtor.ca/real-estate/23810329/120-122-sydney-street-cornwall-downtown-cornwall
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February 24 2022 02:10:57
Cornwall & District Real Estate Board
Cameron Real Estate Brokerage