1236-1242 Notre Dame Street Cornwall, Ontario K6J 4Y6

$495,000

FULLY LEASED FOUR PLEX in a great north end location close to shopping, a beautiful local municipal park, and public transit. This 4-plex produces an actual gross rental of $50,100 annually based on the actual income statement provided by the seller with rents that are below the current market and "the Owner is willing to enter into a Hybrid VTB arrangement with qualified buyers/see LB for details and.terms to be discussed".. Before any offer is made the owner has arranged with appropriate tenant notice to show one of the 1 bedroom units located in the back of the building, and one of the 2 bedroom units at the front to allow prospective buyers to inspect the general condition of the building before proceeding further with evaluating this investment property. Please note the tenants own their own appliances and there is washer/dryer hook ups in all 4 units. Seller instructions (form 244) requires the legal RTA notice to tenants as a requirement for all showings, and in addition the seller requires the seller property information statement signed by the buyer & submitted with any offer(s) plus 2 full business days irrevocable to review any/all offer(s). (id:37229)

Property Details

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Parking

Land

Utilities

https://www.realtor.ca/real-estate/29666441/1236-1242-notre-dame-street-cornwall-717-cornwall