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$799,900
Available - For Sale
Listing ID: X9523859
Don't miss out on this 6 plex with an excellent cash flow. The property features 1-3 bdrm unit, 2-2 bdrm units, 1-1 bdrm unit and 2 bachelor apartments. This building is fully rented and very clean. All tenants are paid in full. The building is for sale as the present owners are retiring. The property includes 5 fridges and 5 stoves (unit 1 is tenant owned)and a coin operated washer/dryer in the basement. There is a 2.5 car garage that could be converted to storage for extra rental income. The property is adjacent to King George park and close to shopping, schools and bus. 48 hours notice for all showings and 48 hours irrevocable on all offers.
Price $799,900
Taxes: $3,740
Occupancy by: Tenant
Address: 107 SEVENTH St West , Cornwall, K6J 2Y1, Ontario
Postal Code: K6J 2Y1
Province/State: Ontario
Legal Description: PT LT 19 N/S SEVENTH ST PL CORNWALL AS I
Lot Size: 44.6 x 132 (Feet)
Directions/Cross Streets: Take Pitt St. South to Seventh St. Go West on Seventh. There is a sign on the property.
Zoning: RES
Category: Apartment
Insurance Expense: $3278
Water Expense: $4028
Gross Income/Sales: $69600
Operating Expenses: $18944
Net Income Before Debt: $50656
Heat Type: Baseboard
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
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RE/MAX AFFILIATES MARQUIS LTD.

107 SEVENTH St West , Cornwall, K6J 2Y1, Ontario

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Investment
Area: Stormont, Dundas and Glengarry
Municipality: Cornwall
Neighbourhood: 717 - Cornwall
Style:
Lot Size: 44.60 x 132.00(Feet)
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Tax: $3,740
Maintenance Fee: $0
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949