
Multi-family For Sale
$898,000
MLS® Number: X12934574
Bedrooms
6
Bathrooms
5
Multi-family For Sale
$898,000
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
Listed By
RE/MAX AFFILIATES MARQUIS LTD.
Mortgage Calculator
Estimated Monthly Payment
$4,412
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$4,412
Principal and interest only. Actual rates may vary.