1200-1202 First Street E Cornwall, Ontario K6H 1N8
$364,900
Solid & spacious 2200+ sqft triplex in East Cornwall neighborhood just a few minutes walk to St. Lawrence college and many other amenities. The main floor unit is a large 3-bedroom with generous living room and dine-in kitchen plus a full height unfinished basement for storage and laundry with gas furnace that could be turned into additional living space. Tenant pays $950 inclusive, market rent would be $1300+. Upstairs includes another 3-bedroom unit with nice front balcony - tenant pays $760, market rent would be $1000 - and a smaller 1-bedroom unit with a tenant paying $600 that should make $750+. Efficient gas heat in each unit, tenants have utilities included in rent but property has separate meters for gas/electric - future tenants can pay their own utilities. Lots of potential here for great future cash-flow for the right investor - a little patience can produce big profits! (id:39578)
Property Details
| MLS® Number | 1235247 |
| Property Type | Multi-family |
| Neigbourhood | East Cornwall |
| Amenities Near By | Public Transit, Shopping |
| Communication Type | Internet Access |
| Easement | Unknown |
| Features | Corner Site |
| Parking Space Total | 3 |
Building
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1950 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding |
| Fireplace Present | No |
| Flooring Type | Hardwood, Laminate, Linoleum |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Space Heater |
| Stories Total | 2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Gravel |
Land
| Acreage | No |
| Land Amenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 45 Ft |
| Size Irregular | 45 Ft X 100 Ft |
| Size Total Text | 45 Ft X 100 Ft |
| Zoning Description | Res20 |
https://www.realtor.ca/real-estate/23036939/1200-1202-first-street-e-cornwall-east-cornwall
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Cornwall & District Real Estate Board
Cameron Real Estate Brokerage
April 18 2021 04:10:12
