9 Bedroom
4 Bathroom
2,500 - 3,000 sqft
None
Baseboard Heaters, Radiant Heat
$698,000
An exceptional investment opportunity featuring four rental units with a desirable mix of layouts: Unit 705A offers 2 bedrooms and 1 bathroom, Unit 705B features 4 bedrooms and 1 bathroom, Unit 705C offers 2 bedrooms and 1 bathroom, and Unit 705D includes 1 bedroom and 1 bathroom. Generating $75,359.28 in gross annual rental income, this property offers multiple income streams and an attractive cap rate of approximately 9.30%. Additional highlights include a large yard, double detached garage, and ample parking. With strong rental income and desirable property features, this is an excellent opportunity to expand your investment portfolio. (id:49269)
Property Details
|
MLS® Number
|
X14124732 |
|
Property Type
|
Multi-family |
|
Community Name
|
717 - Cornwall |
|
Parking Space Total
|
6 |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Above Ground
|
9 |
|
Bedrooms Total
|
9 |
|
Appliances
|
Water Heater - Tankless |
|
Basement Development
|
Partially Finished |
|
Basement Type
|
Full (partially Finished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Vinyl Siding |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Electric, Natural Gas |
|
Heating Type
|
Baseboard Heaters, Radiant Heat |
|
Stories Total
|
2 |
|
Size Interior
|
2,500 - 3,000 Sqft |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
100 Ft |
|
Size Frontage
|
59 Ft |
|
Size Irregular
|
59 X 100 Ft |
|
Size Total Text
|
59 X 100 Ft |
https://www.realtor.ca/real-estate/30452929/705-walton-street-cornwall-717-cornwall