403 Water Street E Cornwall, Ontario K6H 1A6
$499,000
Discover an excellent investment opportunity with this well-maintained 5-unit building, constructed in 1986. Located within walking distance to numerous amenities and Lamoureux Park, this property is ideal for attracting tenants seeking convenience and accessibility. The building features in-unit washer/dryer hookups in 4 out of the 5 units, offering added convenience for tenants. With parking available for 4 vehicles and separate electrical meters for each unit, this property is designed to enhance cash flow and simplify management. The shingles were replaced in 2020, ensuring the building remains in top condition. Don't miss out on this prime investment opportunity in a highly desirable location. Schedule a viewing today! Please note: One unit is vacant and overall financials are based on a hypothetical rent of $1000 plus electricity on that unit. (id:43934)
Property Details
| MLS® Number | 1397619 |
| Property Type | Multi-family |
| Neigbourhood | Cornwall |
| ParkingSpaceTotal | 4 |
Building
| ConstructedDate | 1986 |
| ExteriorFinish | Brick, Siding, Vinyl |
| FoundationType | Stone |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 60 Ft |
| SizeFrontage | 44 Ft ,9 In |
| SizeIrregular | 44.72 Ft X 60 Ft |
| SizeTotalText | 44.72 Ft X 60 Ft |
| ZoningDescription | Res30 |
https://www.realtor.ca/real-estate/27057104/403-water-street-e-cornwall-cornwall
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September 04 2024 09:14:51
Cornwall & District Real Estate Board
Keller Williams Integrity Realty