$335,000

House For Sale In Downtown, Cornwall, Ontario

$335,000
  • 7

    Bedrooms

  • 6

    Baths

  • 67.33 x 168.2 FT

    Lot Size

Property Information:

This 4-plex offers strong income potential with room for improvement, making it an ideal project for investors. The property features a large 3-bedroom, 3-bathroom unit ($987.50/month), a 2-bedroom, 1-bathroom unit ($680/month), and two 1-bedroom, 1-bathroom units ($602 and $542/month). Each unit has its own hydro meter and hot water tank, with tenants responsible for paying heat and hydro. A brand-new natural gas furnace was installed in 2024, adding value to the property. While the building requires some maintenance, it has excellent potential for increased rental income and long-term appreciation. Parking is conveniently available at the back of the property. This is a great opportunity for hands-on investors to add value and maximize returns. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Aluminum siding
  • Foundation Type: Poured Concrete, Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Appliances:

Property Features:

  • Property Type: Single Family
  • Bedrooms: 7
  • Bathrooms: 6
  • Irregular: Yes
  • Lot Depth: 168.2 Feet
  • Lot Frontage: 67.3 Feet
  • Lot Size: 67.33 x 168.2 FT
  • Utility Type: Sewer - Installed
  • Zoning: comm11
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.