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621-621a-621b-623-625 St Felix Street Cornwall, Ontario K6H 5B4

Window Air Conditioner Baseboard Heaters

$525,000

INVESTMENT PROPERTY...all brick 5 Plex in a great residential neighbourhood close to parks, shopping and transit. Building layout features a main floor 3 bedroom apartment,1-1 bedroom & 1 -2 Bedroom apartments in the basement and 2-1 bedroom apartments on the 2nd floor with an estimated net cash flow of approximately $31,600 when fully leased based on the 2020 expenses. The building has 5 separate electrical meters and now only two of the tenancies include heat/lights. Recent building updates include the roof which has just been redone, exterior sewer lateral replaced and both the 1 bedroom and 2 bedroom basement apartments have just been renovated + have been kept vacant for the new buyer to lease to prospective tenants. (id:39578)

Property Details

MLS® Number 1240758
Property Type Multi-family
Neigbourhood St Felix Street near Hospital
Parking Space Total 4

Building

Constructed Date 1956
Cooling Type Window Air Conditioner
Exterior Finish Brick
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Utility Power Single Phase
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 50 Ft
Size Irregular 50 Ft X 100 Ft
Size Total Text 50 Ft X 100 Ft
Zoning Description Residential

https://www.realtor.ca/real-estate/23210834/621-621a-621b-623-625-st-felix-street-cornwall-st-felix-street-near-hospital

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