$535,000
$549,900
2.7%For more information regarding the value of a property, please contact us for a free consultation.
1103, 11031/2, 1103 A, 1103B CUMBERLAND ST Cornwall, ON K6J 4K3
Key Details
Sold Price $535,000
Property Type Multi-Family
Sub Type Multifamily
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1370357
Sold Date 04/17/24
Year Built 1922
Annual Tax Amount $2,715
Tax Year 2023
Property Description
Amazing investment opportunity!!! WELL LOCATED AND WELL MAINTAINED 4-PLEX WITHIN WALKING DISTANCE TO CENTER TOWN.This Building consists of 4 x 2 Bedrooms units ,unit 1103 and 1103B presently rented, unit 1103 1/2 and 1103 A presently vacant.Tenants pays own utilities. Lot provides parking for each tenant. This investment property is priced accordingly based on projected cash flow. Appointments available for Buyers/investors to inspect 1103 1/2 and 1103 A without 24 hrs notice, Residential Tenancy Act required notice to view 1103 and 1103 B .All 4x 2 Bedroom apartment units are in similar layout. The basement is used as storage for each unit and there is also storage for the groundskeeper. This 4 Plex presents an excellent opportunity to grow your real estate portfolio. Seepage in basement. Steel siding. VTB available for Qualified Buyers.Net and Gross income based on full occupancy.
Location
Province ON
Rooms
Basement Low
Interior
Heating Electricity
Flooring Laminate, Mixed, Vinyl
Exterior
Garage Gravel
Roof Type Asphalt Shingle
Building
Story 2
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Other (See Remarks)
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