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
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- 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:
Presented By: