$335,000
 $1,798 forsale estimated payment Sourced by Back At You

414 Second Street , Cornwall, ON K6J 1H1

Cornwall, ON K6J 1H1

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Description

This 4-plex offers strong income potential with room for improvement, making it an ideal project for investors. The property features a large 3-bedroom, 3-bathroom unit ($987.50/month), a 2-bedroom, 1-bathroom unit ($680/month), and two 1-bedroom, 1-bathroom units ($602 and $542/month). Each unit has its own hydro meter and hot water tank, with tenants responsible for paying heat and hydro. A brand-new natural gas furnace was installed in 2024, adding value to the property. While the building requires some maintenance, it has excellent potential for increased rental income and long-term appreciation. Parking is conveniently available at the back of the property. This is a great opportunity for hands-on investors to add value and maximize returns.

Details

MlsX11441383
Listing TypeFor Sale
SubtypeResale
StatusSold Conditional
Days On Site8
Listing Provided ByRE/MAX AFFILIATES MARQUIS LTD. | Not Provided

Features

Beds7
Baths6
BasementY
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 3 minutes ago
StateON
CountyStormont, Dundas and Glengarry
CityCornwall
Zip CodeK6J 1H1
Area717 Cornwall
Listing VS Median (in K6J 1H1)
Price:
$335,000
low | high
Med:
$0
On Site:
8
low | high
Med:
Sourced by Back At You
Listing Updated: December 1, 2024 at 6:59:52 PM PST