Primary photo of 9 FIRST STREET E, Cornwall
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Multi-family For Sale

$898,000

MLS® Number: X12934574

Bedrooms

6

Bathrooms

5

9 FIRST STREET E, Cornwall, Ontario

About This Property

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.

Property Details

Interior Details

Basement

None

Bathrooms Total

5

Bedrooms Total

6

Cooling

None

Heating

Baseboard heaters, Electric

Building & Exterior

Exterior Features

Steel

Foundation Details

Slab

Parking Features

No Garage

Stories

2.0

Land & Location

City Region

717 - Cornwall

Frontage Length

38.9 feet

Lot Size Dimensions

38.8 x 77 FT

Postal Code

K6H1K5

Listing & Financials

Listing Office

RE/MAX AFFILIATES MARQUIS LTD.

Originating System Name

Cornwall & District Real Estate Board

Other Specifications

Country

Canada

Parking Total

4

Mortgage Calculator

20% ($179,600)
5.5%
25 Years

Estimated Monthly Payment

$4,412

Principal and interest only. Actual rates may vary.

Location & Map

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List Property6 Bed Multi-family for Sale — 9 FIRST STREET E, Cornwall | $898,000 | Lify.ca