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$ 399,000
Est. payment | /mo
5 Beds
4 Baths
2,000 SqFt
$ 399,000
Est. payment | /mo
5 Beds
4 Baths
2,000 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $199
Subdivision 717 - Cornwall
MLS® Listing ID X12076187
Bedrooms 5
Source Cornwall & District Real Estate Board
Property Description
POSITIVE CASH FLOW FOURPLEX! Solid brick Fourplex in an upcoming area of Cornwall. This fourplex is in prime location with proximity to shops, school, college and recreational center. Good income with solid tenants. The units are all similar in size with one main floor unit having its original 2 bedrooms, with the other having been converted into a more spacious one bedroom. All units are heated with gas space heaters. Renovation includes some windows, and bathroom. The detached garage and attached shed offers great parking space and storage possibility. Don't miss this opportunity with the adjacent building also being sold by same owner... possibility to own a large piece of land in prime location. Rents are: $875 inclusive, $998.75 inclusive, $900 plus utilities, $1100 plus utilities (estimated vacant) (Total/year: $46,485). Expenses are: Prop.tax $2645, Water/Sewer $2296, Hydro $1692 (estimated with 2 non-inclusive), Gas $2490 (estimated with 2 non-inclusive), Insurance $3301, Reliance rental $4473 (Total/year: $16,897). Expenses for Hydro and Gas are estimated with 2 units that will not include utilities. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat
Exterior
Parking Features Yes
Community Features Community Centre
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by DECOSTE REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada