123-125 Alice Street Cornwall, Ontario K6H 4R6
$399,900
Welcome to this exceptional opportunity to own a remarkable fourplex! This property offers a unique opportunity to own a turn-key investment with exceptional cash flow potential. This fourplex boasts four spacious units, each featuring their own distinct layout and charm. The property features numerous upgrades including siding and windows. This fourplex presents a rare opportunity for investors or owner-occupiers. Potential Net Operating Income of $21,261. Don't let this opportunity pass you by. Call us today to schedule a showing! There are 3- 1 bedroom units and 1- 2 bedroom unit. There are 4 gas meters and hydro meters on the property. Unit 123 pays $668/month (utilities included), Unit 123A pays $800/month utilities not included, Unit 125A pays $673/month (utilities included). Unit 125 is currently vacant but potential rent could be $900-$1000 month + utilities. 24 hours notice required for all showings. (id:37229)
Property Details
| MLS® Number | 1335182 |
| Property Type | Multi-family |
| Neigbourhood | Cornwall |
| Amenities Near By | Public Transit, Shopping, Water Nearby |
| Parking Space Total | 2 |
Building
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Siding |
| Fireplace Present | No |
| Flooring Type | Laminate, Ceramic |
| Heating Fuel | Natural Gas |
| Heating Type | Space Heater |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Gravel |
Land
| Acreage | No |
| Land Amenities | Public Transit, Shopping, Water Nearby |
| Sewer | Municipal Sewage System |
| Size Depth | 49 Ft |
| Size Frontage | 61 Ft |
| Size Irregular | 61 Ft X 49 Ft |
| Size Total Text | 61 Ft X 49 Ft |
| Zoning Description | Res 30 |
https://www.realtor.ca/real-estate/25441297/123-125-alice-street-cornwall-cornwall
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May 11 2023 06:13:42
Cornwall & District Real Estate Board
RE/MAX Affiliates Marquis Ltd.