1107 GRETCHEN COURT, Cornwall, Ontario, K6H6T2

Property Description

Welcome to 1107 Gretchen Court, a well-located property that hosts both a 2016 built fourplex and a 2024/25 built duplex all on one lot for a total of 6 units on one property. Each of the spacious units offer stunning curb appeal and all the conveniences that appeal to a wide spectrum of tenants. Each of the 6 units on 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 in the fourplex host west facing balconies while the main level units in the fourplex have both a front entrance and a rear entrance off the parking lot. This property currently grosses $135,648 annually, and with market priced rents has a potential gross revenue of $156,000 annually. Current operating expenses are $22,465.50 and Net Operating Income is $113,182.50. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers. (id:64974)

Quick Facts

• Property Type: Other
• Bedrooms: 12 (12 above)
• Bathrooms: 6
• Parking: 8 spaces (No Garage)
• Frontage: 110 ft (33.6 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®.