9 First Street E Cornwall, Ontario K6H 1K5

6 Bedroom 5 Bathroom 3,000 - 3,500 sqft
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:28469)

Property Details

MLS® Number X12934574
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 Sqft
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

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Taylor Gingras
Salesperson

(613) 577-1888

RE/MAX Affiliates Marquis Ltd.
649 Second St E
Cornwall, Ontario K6H 1Z7

(613) 938-8100
(613) 938-3295