1101 GRETCHEN COURT, Cornwall, Ontario, K6H6T2

Property Description

Welcome to 1101 Gretchen Court, a 2015 quality built and well located fourplex that offers spacious units, stunning curb appeal, and all the conveniences that appeal to a wide spectrum of tenants. Each of the 4 units in this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units host west facing balconies while the main level units have both a front entrance and a rear entrance off the parking lot. This property currently grosses $73,692 annually, and with market priced rents has a potential gross revenue of $103,2000 annually. Current operating expenses are $19,461 and Net Operating Income is $54,231. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers. (id:64974)

Quick Facts

• Property Type: Fourplex
• Bedrooms: 8 (8 above)
• Bathrooms: 8
• Attached: Yes
• Parking: 6 spaces (No Garage)
• Frontage: 96 ft (29.1 m)

Costs

• Annual Taxes: $11,650.00 (2025)

Listing Provided by: RE/MAX AFFILIATES MARQUIS LTD.
Board: Cornwall & District Real Estate Board
Data provided via CREA DDF®.