Cornwall, ON K6H 4A3,314-316 MARLBOROUGH ST
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Cornwall, ON K6H 4A3,314-316 MARLBOROUGH ST
Cornwall, ON K6H 4A3,314-316 MARLBOROUGH ST
Cornwall, ON K6H 4A3,314-316 MARLBOROUGH ST
Cornwall, ON K6H 4A3,314-316 MARLBOROUGH ST

$870,000

Est. payment /mo

$919,900

5.4%
Est.Price: ?

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314-316 MARLBOROUGH ST Cornwall, ON K6H 4A3

SOLD DATE : 05/03/2024

Key Details

Sold Price $870,000

Property Type Condo

Sub Type Apartment 5+ Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1379983

Sold Date 05/03/24

Year Built 1938

Annual Tax Amount $4,916

Tax Year 2023

Property Description

Discover the epitome of investment opportunity with this meticulously maintained 6-plex, cherished by its retiring owner for 15 years. Boasting a stellar tenant history this property ensures stability and growth for savvy investors. Upgraded electrical, plumbing, and cosmetic enhancements showcase the owner's dedication to excellence. With tenants responsible for utilities and the owner managing hot water expenses and common area electricity, this investment is streamlined for efficiency. Enjoy an additional revenue stream with the coin-operated laundry room. Convenient rear parking lot enhances tenant satisfaction. A 2.5% rent increase went into effect for all units April 2024. Seller requires 24 hours irrevocable on all offers. Seller requires 48 hours showing notice for tenants.

Location

Province ON

Rooms

Basement Full

Interior

Heating Electricity

Exterior

Roof Type Tar & Gravel

Building

Story 2

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Siding

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Listed by RE/MAX AFFILIATES MARQUIS LTD.

Pierre Desbiens

+1(613) 407-1811

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