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)
MLS® Number | 1269831 |
Property Type | Multi-family |
Neigbourhood | Downtown Cornwall |
Parking Space Total | 6 |
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 |
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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