ACTIVE
3004 Pitt Street Cornwall, Ontario K6K 1A6
$850,000
8 Beds 4 Bath 2,000 - 2,500 ft<sup>2</sup>
Raised BungalowWindow Air ConditionerBaseboard Heaters
Welcome to 3004 Pitt Street - A Prime North End Investment Opportunity.This solid brick fourplex is ideally located in Cornwall's desirable North End, close to schools, transit, and everyday amenities-an area consistently attractive to tenants. A fantastic opportunity for both seasoned and first-time investors looking to expand their portfolio with a stable, income-producing asset.The property features four spacious 2-bedroom units, each offering a 3-piece bathroom and the highly desirable convenience of in-unit laundry-an excellent tenant retention feature. Currently, three units are occupied by quality tenants, providing immediate cash flow, while one vacant unit offers flexibility for owner-occupancy or the opportunity to secure a new tenant at current market rent to maximize returns.With strong rental fundamentals, solid construction, and upside potential through rental optimization, 3004 Pitt Street represents a well-balanced investment in a proven rental location. 48-hour irrevocable required on all offers. Minimum 48-hour notice required for all showings. Current Gross income with 1 unit vacant is 55,020 and NOI-38,381. With the vacant unit projected rent at 1,800/mth projected Gross Income 76,620 and NOI- 59,981. (id:28469)
Property Details
- MLS® Number
- X12780954
- Property Type
- Multi-family
- Neighbourhood
- Eamers Corners
- Community Name
- 717 - Cornwall
- Parking Space Total
- 6
Building
- Bathroom Total
- 4
- Bedrooms Above Ground
- 8
- Bedrooms Total
- 8
- Amenities
- Fireplace(s), Separate Electricity Meters
- Appliances
- Water Heater
- Architectural Style
- Raised Bungalow
- Basement Features
- Apartment In Basement
- Basement Type
- N/a
- Cooling Type
- Window Air Conditioner
- Exterior Finish
- Brick
- Fireplace Present
- Yes
- Foundation Type
- Concrete
- Heating Fuel
- Electric
- Heating Type
- Baseboard Heaters
- Stories Total
- 1
- Size Interior
- 2,000 - 2,500 Ft<sup>2</sup>
- Type
- Fourplex
- Utility Water
- Municipal Water
Parking
Land
- Acreage
- No
- Sewer
- Sanitary Sewer
- Size Depth
- 104 Ft
- Size Frontage
- 100 Ft
- Size Irregular
- 100 X 104 Ft
- Size Total Text
- 100 X 104 Ft
Neighbourhood
Alan Mclaughlin-Wheeler
Salesperson
RE/MAX Affiliates Marquis Ltd.
649 Second St E
Cornwall, Ontario K6H 1Z7
649 Second St E
Cornwall, Ontario K6H 1Z7
(613) 938-8100
(613) 938-3295
Garret Munro
Salesperson
RE/MAX Affiliates Marquis Ltd.
649 Second St E
Cornwall, Ontario K6H 1Z7
649 Second St E
Cornwall, Ontario K6H 1Z7
(613) 938-8100
(613) 938-3295
