Added 4 weeks ago
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Type: Investment
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Property Type: Commercial
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Zoning: RES
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Age: No Data
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Taxes: 3740
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MLS®#: X9523859
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Days on Site: 27 Days
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Added: Oct 21, 2024 (4 weeks ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: RE/MAX AFFILIATES MARQUIS LTD.
Don't miss out on this 6 plex with an excellent cash flow. The property features 1-3 bdrm unit, 2-2 bdrm units, 1-1 bdrm unit and 2 bachelor apartments. This building is fully rented and very clean. All tenants are paid in full. The building is for sale as the present owners are retiring. The property includes 5 fridges and 5 stoves (unit 1 is tenant owned)and a coin operated washer/dryer in the basement. There is a 2.5 car garage that could be converted to storage for extra rental income. The property is adjacent to King George park and close to shopping, schools and bus. 48 hours notice for all showings and 48 hours irrevocable on all offers.
Property
Status: Sale
Property Type: Investment
Property Type: Apartment
Net Income: 50656
Area: Cornwall
Community: 717 - Cornwall
Availability Date: TBA
Inside
Air Conditioning: None
Building
Heat Type: Baseboard
Water Supply: Municipal
Parking
Covered Parking Spaces: 6
Fees
Tax Year: 2023
Tax Legal Description: PT LT 19 N/S SEVENTH ST PL CORNWALL AS IN S319121; CORNWALL
Taxes: $3,740
Insurance Fee: 3278
Operating Fees: 18944
Water Fees: 4028
Land
Cross Street: Take Pitt St. South
Municipality District: Cornwall
Parcel Number: 601810092
Sewer: Sewers
Lot Depth: 132 Feet
Lot Frontage: 44.6 Feet
Zoning: RES
Commercial Specific
Gross Income/Sales: 69600
St. Matthew Catholic Elementary School
Elementary: CatholicCornwall Intermediate School
Elementary: PublicSt Columban's Catholic Elementary School
Elementary: CatholicSacred Heart School
Elementary: CatholicBishop Macdonell Separate School
Elementary: CatholicCentral Public School
Elementary: PublicSt Matthew Catholic Secondary School
Secondary: CatholicÉcole secondaire publique L'Héritage
Secondary: PublicSt Lawrence Secondary School
Secondary: PublicÉcole secondaire catholique La Citadelle
Secondary: CatholicCornwall Collegiate and Vocational School
Secondary: PublicSt Joseph's Secondary School
Secondary: Catholic
