LOADING

9 First Street E Cornwall, Ontario K6H 1K5

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

$949,900

Fantastic Investment Opportunity! This well-maintained 5-plex offers a strong mix of occupied and vacant units, providing both reliable rental income and excellent value-add potential. Unit 9 is rented for $1,076 per month plus $80 for water + electric, Unit 9B brings in $1,638 plus electric, and Unit 9D is rented for $875 plus electric, while Units 9A and 9C will both be vacant (with 9A becoming vacant as of December 31st, 2025), offering exceptional flexibility for renovation, repositioning, or maximizing future rents. Each unit is separately metered, ensuring straightforward management. Whether you're looking to expand your portfolio or secure a multi-unit building with strong income growth potential, this 5-plex is a must-see. 48 hours' notice required for all showings and 48-hour irrevocable on all offers as per Form 244. (id:28469)

Property Details

MLS® Number X12612404
Property Type Multi-family
Community Name 717 - Cornwall
Parking Space Total 4

Building

Bathroom Total 5
Bedrooms Above Ground 6
Bedrooms Total 6
Basement Type None
Cooling Type None
Exterior Finish Steel
Foundation Type Slab
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 3,000 - 3,500 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 77 Ft
Size Frontage 38 Ft ,9 In
Size Irregular 38.8 X 77 Ft
Size Total Text 38.8 X 77 Ft