401-403 Water Street E, Cornwall, Ontario, Canada, K6H1A6

530,000
Sold Conditionally

About the property:

Are you looking for a wonderful property for your investment portfolio? Look no further. This 5-plex is centrally located near the St. Lawrence and all its amenities, including the mall, bus routes, and local shops. While originally built in 1986, the property has been well-maintained with a brick exterior makeover, new roof shingles in 2020, and new sidewalks on the corner and west side. The building features two larger units on the ground floor with spacious living rooms and kitchens, plus three units on the upper level, one of which has been recently renovated. Each unit has a separate hydro meter. New tenants can be signed as rent + hydro (one upper unit is already paying their own hydro). Hot water is provided by a cost-saving, gas, on-demand system. Each unit includes its own laundry hookups, with the exception of one upper unit. There 4 parking spots at the back of the building. Schedule your showing to check out this cared-for 5 plex. "Other" expense is natural Gas $785.64/year for on demand HW. 48 hour notice required for showings.

Extra info:

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Investment false
Property Type:
Investment
Status:
Sold Conditionally
Land Size:
44.72 x 60 FT
Business Type:
Commercial/Retail
Heating Type:
Baseboard
Cross Street:
Gloucester
Annual Property Taxes:
5,262
Listing ID:
X13765952

Rooms

Dimensions

Brokered by:
Royal Lepage Performance Realty
Source: CREA
Presented By: