403 WATER STREET E Active

Cornwall,ON K6H1A6

$ 499000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Cornwall

MLS Listing ID 1397619

Originating Board Cornwall & District Real Estate Board

Year Built 1986

Property Description

Discover an excellent investment opportunity with this well-maintained 5-unit building, constructed in 1986. Located within walking distance to numerous amenities and Lamoureux Park, this property is ideal for attracting tenants seeking convenience and accessibility. The building features in-unit washer/dryer hookups in 4 out of the 5 units, offering added convenience for tenants. With parking available for 4 vehicles and separate electrical meters for each unit, this property is designed to enhance cash flow and simplify management. The shingles were replaced in 2020, ensuring the building remains in top condition. Don't miss out on this prime investment opportunity in a highly desirable location. Schedule a viewing today! Please note: One unit is vacant and overall financials are based on a hypothetical rent of $1000 plus electricity on that unit. (id:24570)

Location

Province ON

Interior

Heating Baseboard heaters

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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