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9 First Street E Cornwall, Ontario K6H 1K5

6 Bedroom 5 Bathroom 3,000 - 3,500 ft2
None Baseboard Heaters

$898,000

Fantastic Investment Opportunity! This well-maintained 5-plex offers a strong income profile with a great mix of occupied units and future rental upside. Unit 9 is currently rented for $1,076.25/month, plus $240 every three months. Apartment A is rented for $1,125/month plus electric, Apartment B is currently vacant, Apartment C is rented for $1,025/month plus electric, and Apartment D is rented for $825/month plus electric. Each unit is separately metered, allowing for simplified management and tenant utility responsibility. Whether you are looking to expand your investment portfolio or secure a multi-unit property with income potential, this 5-plex is an excellent opportunity. 48 hours' notice required for all showings and 48-hour irrevocable on all offers as per Form 244. (id:37229)

Property Details

MLS® Number X12934574
Property Type Multi-family
Community Name 717 - Cornwall
ParkingSpaceTotal 4

Building

BathroomTotal 5
BedroomsAboveGround 6
BedroomsTotal 6
BasementType None
CoolingType None
ExteriorFinish Steel
FireplacePresent No
FoundationType Slab
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 2
SizeInterior 3,000 - 3,500 Ft2
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 77 Ft
SizeFrontage 38 Ft ,9 In
SizeIrregular 38.8 X 77 Ft
SizeTotalText 38.8 X 77 Ft

https://www.realtor.ca/real-estate/29531791/9-first-street-e-cornwall-717-cornwall

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