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314-316 Marlborough Street Cornwall, Ontario K6H 4A3

Baseboard Heaters

$919,900

Discover the epitome of investment opportunity with this meticulously maintained 6-plex, cherished by its retiring owner for 15 years. Boasting a stellar tenant history this property ensures stability and growth for savvy investors. Upgraded electrical, plumbing, and cosmetic enhancements showcase the owner's dedication to excellence. With tenants responsible for utilities and the owner managing hot water expenses and common area electricity, this investment is streamlined for efficiency. Enjoy an additional revenue stream with the coin-operated laundry room. Convenient rear parking lot enhances tenant satisfaction. A 2.5% rent increase went into effect for all units April 2024. Seller requires 24 hours irrevocable on all offers. Seller requires 48 hours showing notice for tenants. (id:37229)

Property Details

MLS® Number 1379983
Property Type Multi-family
Neigbourhood Marlborough
Parking Space Total 6

Building

Constructed Date 1938
Exterior Finish Siding
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 132 Ft
Size Frontage 62 Ft
Size Irregular 62 Ft X 132 Ft
Size Total Text 62 Ft X 132 Ft
Zoning Description 336

https://www.realtor.ca/real-estate/26608265/314-316-marlborough-street-cornwall-marlborough

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