For Sale Multi-Family

507-509 2nd Street E

$424,900
Cornwall, Ontario K6H 1Z4 MLS® X13121298
9 Bedrooms
3 Bathrooms
2,500 - 3,000 sqft Interior
2 Parking spaces
46 X 66 Ft Lot size
None Radiant Heat

About this home

Solid investment opportunity in central Cornwall. This central triplex features three very large 3-bedroom units, each offering spacious layouts and original hardwood flooring throughout in the above grade units. All units are equipped with their own washer and dryer hookups, and each is separately metered for hydro with tenants responsible for their own electricity costs. The building is heated by a gas hot water boiler system and has undergone recent exterior upgrades, including a rebuilt rear deck and stairs, and exterior metal siding. Parking is available at the rear of the property via laneway access. All units are currently occupied by long-term, reliable tenants, making this a turnkey addition to any investors portfolio. Seller also owns 125 Marlborough which this building shares parking area with, which is for sale as well and seller would give preferred price if both purchased together. (id:28469)

Facts & features

Property

MLS® Number
X13121298
Property Type
Multi-family
Community Name
717 - Cornwall
Features
Carpet Free
Parking Space Total
2

Building

Bathroom Total
3
Bedrooms Above Ground
9
Bedrooms Total
9
Basement Features
Apartment In Basement
Basement Type
N/a
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Poured Concrete
Heating Fuel
Natural Gas
Heating Type
Radiant Heat
Stories Total
2
Size Interior
2,500 - 3,000 Sqft
Type
Triplex
Utility Water
Municipal Water

Parking

No Garage

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
66 Ft
Size Frontage
46 Ft
Size Irregular
46 X 66 Ft
Size Total Text
46 X 66 Ft

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Location

507-509 2nd Street E, Cornwall, Ontario K6H 1Z4  ·  Get directions