Cornwall, ON K6J 1C4,229 FIRST ST W
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Cornwall, ON K6J 1C4,229 FIRST ST W
Cornwall, ON K6J 1C4,229 FIRST ST W
Cornwall, ON K6J 1C4,229 FIRST ST W
Cornwall, ON K6J 1C4,229 FIRST ST W

$250,000

Est. payment /mo

$250,000

Est.Price: ?

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229 FIRST ST W Cornwall, ON K6J 1C4

SOLD DATE : 04/19/2024

Key Details

Sold Price $250,000

Property Type Multi-Family

Sub Type Multifamily

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1386364

Sold Date 04/19/24

Annual Tax Amount $1,911

Tax Year 2023

Property Description

This large, solid-brick, up & down duplex building is located in the core of downtown, two blocks from Pitt St. shops and restaurants. POSITIVE CASH-FLOW is ideal for buy & hold investors. Bonus, there's loads of potential to build equity and renovate the units in the future. With original hardwood floors, character trim, moldings and built-in, this would be a fun project to restore. There's potential for 4 parking spaces at the rear and a circular municipal road around the building for pickup and drop-off convenience. Each apartment has 2 bedrooms. Same layout, stacked. Each unit is separately serviced. Gas furnace in main unit. Rents are $900/mth+ and $1015/mth+. Tenants pay their own utility. This versatile purchase is a great investment. 24hr irrevocable. Call now!

Location

Province ON

Rooms

Basement Full

Interior

Heating Electricity, Natural Gas

Flooring Hardwood, Mixed

Exterior

Garage Gravel

Roof Type Asphalt Shingle

Building

Story 2

Sewer Sewer Connected

Water Municipal

Structure Type Brick

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Listed by RE/MAX AFFILIATES MARQUIS LTD.

Pierre Desbiens

+1(613) 407-1811

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