705 Walton Street Cornwall, Ontario K6H 1T8

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

Detached Garage
Garage

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

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