9 FIRST STREET E, Cornwall, Ontario, K6H1K5

Property Description

Fantastic Investment Opportunity! This well-maintained 5-plex offers a solid income profile with a mix of occupied units and upcoming turnover, providing both stability and value-add potential. Unit 9 is rented for $1,076.25/month plus $240 every three months, Unit 9A is rented for $1,125 plus electric, Unit 9B is currently rented for $1,638 plus electric and will be vacant as of March 1st, Unit 9C is currently vacant and rented as of March 1st for $1,025 plus electric, and Unit 9D is rented for $875 plus electric. Each unit is separately metered, allowing for straightforward management. Whether you're expanding your portfolio or securing a multi-unit property with future upside, this 5-plex presents an excellent opportunity. 48 hours' notice required for all showings and 48-hour irrevocable on all offers as per Form 244. (id:64974)

Quick Facts

• Property Type: Other
• Bedrooms: 6 (6 above)
• Bathrooms: 5
• Parking: 4 spaces (No Garage)
• Frontage: 39 ft (11.9 m)

Costs

• Annual Taxes: $3,469.22

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