403 Water Street E Cornwall, Ontario K6H 1A6
$499,000
Discover an excellent investment opportunity with this well-maintained 5-unit building, constructed in 1986. Located within walking distance to numerous amenities and Lamoureux Park, this property is ideal for attracting tenants seeking convenience and accessibility. The building features in-unit washer/dryer hookups in 4 out of the 5 units, offering added convenience for tenants. With parking available for 4 vehicles and separate electrical meters for each unit, this property is designed to enhance cash flow and simplify management. The shingles were replaced in 2020, ensuring the building remains in top condition. Don't miss out on this prime investment opportunity in a highly desirable location. Schedule a viewing today! Please note: One unit is vacant and overall financials are based on a hypothetical rent of $1000 plus electricity on that unit. (id:37229)
Property Details
| MLS® Number | 1397619 |
| Property Type | Multi-family |
| Neigbourhood | Cornwall |
| Parking Space Total | 4 |
Building
| Constructed Date | 1986 |
| Exterior Finish | Brick, Siding, Vinyl |
| Fireplace Present | No |
| Foundation Type | Stone |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 60 Ft |
| Size Frontage | 44 Ft ,9 In |
| Size Irregular | 44.72 Ft X 60 Ft |
| Size Total Text | 44.72 Ft X 60 Ft |
| Zoning Description | Res30 |
https://www.realtor.ca/real-estate/27057104/403-water-street-e-cornwall-cornwall
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 04 2024 09:14:51
Cornwall & District Real Estate Board
Keller Williams Integrity Realty