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321-323-325 First Street E Cornwall, Ontario K6H 1L2

Unknown Baseboard Heaters, Forced Air

$275,000

TRIPLEX/Investment Property located in City Center/Downtown Cornwall. Walking distance to municipal waterfront park, bike/walking paths, St Lawrence River and downtown shopping. The landlord estimates the net cash flow at approximately $9000 annually (please refer to MLS listing Income/Expense Summary Detail for explanation). This triplex consists of the original 2 storey two bedroom home with attached two story "duplex style" with one separate 2nd floor apartment and a main floor apartment. The investor is to assume all tenancies. The owner of this triplex originally lived in the two storey portion then used the property as rental income. They have owned the property since 1990 and is just considering divesting themselves of this property in retirement. (id:37229)

Property Details

MLS® Number 1245326
Property Type Multi-family
Neigbourhood Downtown Cornwall
Amenities Near By Public Transit, Shopping, Water Nearby
Communication Type Internet Access
Community Features Family Oriented
Easement Unknown
Parking Space Total 3
Structure Deck

Building

Basement Development Unfinished
Basement Type See Remarks (unfinished)
Constructed Date 1850
Construction Material Wood Frame
Construction Style Attachment Attached
Cooling Type Unknown
Exterior Finish Siding
Fire Protection Smoke Detectors
Fireplace Present No
Flooring Type Mixed Flooring
Heating Fuel Natural Gas, Electric
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Type Triplex
Utility Water Municipal Water

Parking

Surfaced

Land

Acreage No
Current Use Development Residential
Land Amenities Public Transit, Shopping, Water Nearby
Sewer Municipal Sewage System
Size Depth 121 Ft
Size Frontage 53 Ft
Size Irregular 53 Ft X 121 Ft (irregular Lot)
Size Total Text 53 Ft X 121 Ft (irregular Lot)
Zoning Description Residential Use

Utilities

Fully serviced Available

https://www.realtor.ca/real-estate/23284636/321-323-325-first-street-e-cornwall-downtown-cornwall

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