11 Bedroom
6 Bathroom
3,500 - 5,000 ft2
None
Baseboard Heaters, Forced Air
$764,900
Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers. (id:37229)
Property Details
|
MLS® Number
|
X13192728 |
|
Property Type
|
Multi-family |
|
Community Name
|
717 - Cornwall |
|
ParkingSpaceTotal
|
4 |
Building
|
BathroomTotal
|
6 |
|
BedroomsAboveGround
|
11 |
|
BedroomsTotal
|
11 |
|
BasementDevelopment
|
Partially Finished |
|
BasementType
|
Full (partially Finished) |
|
CoolingType
|
None |
|
ExteriorFinish
|
Wood |
|
FireplacePresent
|
No |
|
FoundationType
|
Concrete |
|
HeatingFuel
|
Electric, Natural Gas |
|
HeatingType
|
Baseboard Heaters, Forced Air |
|
StoriesTotal
|
2 |
|
SizeInterior
|
3,500 - 5,000 Ft2 |
|
Type
|
Other |
|
UtilityWater
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
SizeDepth
|
90 Ft |
|
SizeFrontage
|
50 Ft |
|
SizeIrregular
|
50 X 90 Ft |
|
SizeTotalText
|
50 X 90 Ft |
https://www.realtor.ca/real-estate/29812138/225-louisa-street-cornwall-717-cornwall