1101 Gretchen Court Cornwall, Ontario K6H 6T2

$1,600,000

Welcome to 1101 Gretchen Court, a 2015 quality built and well located fourplex that offers spacious units, stunning curb appeal, and all the conveniences that appeal to a wide spectrum of tenants. Each of the 4 units in this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units host west facing balconies while the main level units have both a front entrance and a rear entrance off the parking lot. This property currently grosses $73,692 annually, and with market priced rents has a potential gross revenue of $103,2000 annually. Current operating expenses are $19,461 and Net Operating Income is $54,231. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers. (id:43934)

Property Details

MLS® Number	X12842682
Property Type	Multi-family
Community Name	717 - Cornwall
Parking Space Total	6

Building

Bathroom Total	8
Bedrooms Above Ground	8
Bedrooms Total	8
Appliances	Water Heater
Basement Type	None
Cooling Type	None
Exterior Finish	Brick, Vinyl Siding
Foundation Type	Concrete, Slab
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	3,500 - 5,000 Ft2
Type	Fourplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	169 Ft ,1 In
Size Frontage	95 Ft ,6 In
Size Irregular	95.5 X 169.1 Ft
Size Total Text	95.5 X 169.1 Ft

Utilities

Cable	Installed
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/29424835/1101-gretchen-court-cornwall-717-cornwall