9 First Street E Cornwall, Ontario K6H 1K5
$795,000
RARELY OFFERED!! Incredible opportunity for an investment in the heart of beautiful Downtown Cornwall, central location with walking distance to the town's main streets, amenities,transit,shops,restaurants and minutes to St Lawrence River and waterfront trails will always have demand from tenants. This FULLY leased 5plex with over 68k in Gross Operating Income has 5 residential units including fully renovated 3 units on main floor, each with new flooring, kitchen, bathroom and much more. Separate hydro meters, 5 hot water tanks. Skipping distance to the town's banks to deposit your rent checks every month. Appraised at $990k. Turn key investment. Rent Breakdown: Unit 9: $975+ hydro, Unit 9A: $1,150, Unit 9B: $1,550 + Hydro Unit 9C: $1,150+ Hydro, Unit 9D: $875+ Hydro. 48 Hours on all offers. (id:37464)
Property Details
| MLS® Number | 1325289 |
| Property Type | Multi-family |
| Neigbourhood | Downtown |
Building
| Cooling Type | None |
| Exterior Finish | Aluminum Siding, Siding |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 78 Ft ,4 In |
| Size Frontage | 39 Ft ,7 In |
| Size Irregular | 39.59 Ft X 78.34 Ft |
| Size Total Text | 39.59 Ft X 78.34 Ft |
| Zoning Description | Cbd |
https://www.realtor.ca/real-estate/25174762/9-first-street-e-cornwall-downtown
Sales Representative
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February 24 2023 08:29:50
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group