6 Beds 5 Bath

9 First Street E, Cornwall, ON K6H 1K5

Cornwall K6H 1K5 Ontario

MLS: X12934574

$898,000

Added 1 hour ago | For Sale

Listed by: RE/MAX AFFILIATES MARQUIS LTD.

About Property

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.

Features

  • House Style:Multiplex
  • Bathrooms:5
  • Land Size: 38.79 X 77
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:Pitt St
  • Basement:None , None
  • Possession Date:TBA
  • Annual Property taxes: $3469
  • Bedrooms:6
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12934574

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