Don't miss out on this 6 plex with an excellent gross income of $72062 and a net income of $53118. . The property features 1-3 bdrm unit, 2-2 bdrm units, 1-1 bdrm unit and 2 bachelor apartments. This building is fully rented and very clean. All tenants are paid in full. The building is for sale as the present owners are retiring. The property includes 5 fridges and 5 stoves (unit 1 is tenant owned)and a coin operated washer/dryer in the basement. There is a 2.5 car garage that could be converted to storage for extra rental income. The property is adjacent to King George park and close to shopping, schools and bus. 48 hours notice for all showings and 48 hours irrevocable on all offers.
PT LT 19 N/S SEVENTH ST PL CORNWALL AS IN S319121; CORNWALL
Occupancy
Tenant
Possession Date
TBA
Taxes (2023)
$3,740
Directions/Cross Streets
Take Pitt St. South to Seventh St. Go West on Seventh. There is a sign on the property.
Neighbourhood
717 - Cornwall
Area
Stormont, Dundas and Glengarry
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Lot
44.6 x 132 ft
Total Area
1 ft2
Air Conditioning
N
Parking Spaces
6
Heat Type
Baseboard
Gross Income/Sales
$72,062
Net Income Before Debt
$53,118
Water Expense
$4,028
Insurance Expense
$3,278
Operating Expenses
$18,944
Expenses Actual/Estimated
Act
Sewers
Sanitary
Water
Municipal
Zoning
RES
Seller Property Info Statement
N
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