Discover an excellent investment opportunity with this well-maintained 5-unit building, constructed in 1986. Located within walking distance to numerous amenities and Lamoureux Park, this property is ideal for attracting tenants seeking convenience and accessibility. The building features in-unit washer/dryer hookups in 4 out of the 5 units, offering added convenience for tenants. With parking available for 4 vehicles and separate electrical meters for each unit, this property is designed to enhance cash flow and simplify management. The shingles were replaced in 2020, ensuring the building remains in top condition. Don't miss out on this prime investment opportunity in a highly desirable location. Schedule a viewing today! Please note: One unit is vacant and overall financials are based on a hypothetical rent of $1000 plus electricity on that unit. (id:35492)
MLS® Number | 1397619 |
Property Type | Multi-family |
Neigbourhood | Cornwall |
Parking Space Total | 4 |
Constructed Date | 1986 |
Exterior Finish | Brick, Siding, Vinyl |
Foundation Type | Stone |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 60 Ft |
Size Frontage | 44 Ft ,9 In |
Size Irregular | 44.72 Ft X 60 Ft |
Size Total Text | 44.72 Ft X 60 Ft |
Zoning Description | Res30 |
https://www.realtor.ca/real-estate/27057104/403-water-street-e-cornwall-cornwall
Contact us for more information
Laurin (Moe) Maurais
Broker
(613) 209-3555
www.kwintegrity.ca/