9 First Street E Cornwall, Ontario K6H 1K5

$949,900

Fantastic Investment Opportunity! This well-maintained 5-plex offers a solid income profile with a mix of occupied units and upcoming turnover, providing both stability and value-add potential. Unit 9 is rented for $1,076.25/month plus $240 every three months, Unit 9A is rented for $1,125 plus electric, Unit 9B is currently rented for $1,638 plus electric and will be vacant as of March 1st, Unit 9C is currently vacant and rented as of March 1st for $1,025 plus electric, and Unit 9D is rented for $875 plus electric. Each unit is separately metered, allowing for straightforward management. Whether you're expanding your portfolio or securing a multi-unit property with future upside, this 5-plex presents an excellent opportunity. 48 hours' notice required for all showings and 48-hour irrevocable on all offers as per Form 244. (id:43934)

Property Details

MLS® Number	X12612404
Property Type	Multi-family
Community Name	717 - Cornwall
Parking Space Total	4

Building

Bathroom Total	5
Bedrooms Above Ground	6
Bedrooms Total	6
Basement Type	None
Cooling Type	None
Exterior Finish	Steel
Foundation Type	Slab
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Stories Total	2
Size Interior	3,000 - 3,500 Ft2
Type	Other
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	77 Ft
Size Frontage	38 Ft ,9 In
Size Irregular	38.8 X 77 Ft
Size Total Text	38.8 X 77 Ft

https://www.realtor.ca/real-estate/29173793/9-first-street-e-cornwall-717-cornwall