$500,000 – $600,000 Fourplex For Sale

Cornwall, Ontario

Prime multi unit investment opportunity in a great location in Cornwall! This turn key fourplex features spacious well maintained units including two comfortable 2 bedroom layouts along with 2 large 1 bedroom units with strong rental history. Each unit offers functional kitchens, full bathrooms, and generous living spaces that attract quality tenants. Exceptional potential for both seasoned investors and buyers looking to add a cash flowing asset to their portfolio. Separately metered utilities, ample tenant parking, and a low maintenance exterior. Situated close to public transit, parks, and downtown amenities. Exceptional tenant retention with room for future rent upside. Dont miss this solid turn-key addition to your real estate portfolio – book a private viewing today! Additionally, two other fourplexes are currently available for purchase! Please refer to MLS numbers X13654796 & X13654790 for full details. (id:66888)

Cornwall, Ontario

Prime multi unit investment opportunity in a great location in Cornwall! This turn key fourplex features spacious well maintained units including 2 comfortable 2 bedroom layouts along with 2 large 1 bedroom units with strong rental history. Each unit offers functional kitchens, full bathrooms, and generous living spaces that attract quality tenants. Exceptional potential for both seasoned investors and buyers looking to add a steady cash flowing asset to their portfolio. Separately metered utilities, ample tenant parking, and a low maintenance exterior. Situated close to public transit, parks, and downtown amenities. Exceptional tenant retention with room for future rent upside. Dont miss this solid turn-key addition to your real estate portfolio – book a private viewing today! Additionally, two other fourplexes are currently available for purchase! Please refer to MLS numbers X13654788 & X13654796 for full details. (id:66888)

Cornwall, Ontario

Prime multi unit investment opportunity in a great location in Cornwall! This turn key fourplex features spacious well maintained units including 2 comfortable 2 bedroom layouts along with 2 large 1 bedroom units with strong rental history. Each unit offers functional kitchens, full bathrooms, and generous living spaces that attract quality tenants. Exceptional potential for both seasoned investors and buyers looking to add a steady cash flowing asset to their portfolio. Separately metered utilities, ample tenant parking, and a low maintenance exterior. Situated close to public transit, parks, and downtown amenities. Exceptional tenant retention with room for future rent upside. Dont miss this solid turn-key addition to your real estate portfolio – book a private viewing today! Additionally, two other fourplexes are currently available for purchase! Please refer to MLS numbers X13654788 & X13654790 for full details. (id:66888)

Cornwall, Ontario

Excellent Fourplex Investment Opportunity – 10%+ Cap Rate! Located just 500m from St. Lawrence College, this well-located fourplex offers an excellent opportunity for investors looking to add a multi-residential property to their portfolio. The property is also approximately 900m from a grocery store and other amenities, with the nearest bus stop just 200m away. Each of the four units features 2 bedrooms and 1 bathroom, providing a practical and desirable layout for tenants. Each tenant has the right to one parking space located in front of the building. Current monthly rents: 207: $1,350/month – tenant pays own electricity, 207A: $1,750/month – landlord pays utilities, 207B: $1,250/month, 207C: $1,250.73/month. The property currently generates approximately $67,208.78 in total annual rental income, with estimated annual operating expenses of approximately $14,686.55, resulting in an estimated net operating income of $52,522.23. Based on the current income and expenses, the property offers a cap rate of over 10%, making this an attractive income-producing opportunity for investors. The property currently has a gas furnace serving both upper-level units, while the two main-level units have been converted to electric baseboard heating, allowing the tenants in those units to be responsible for their own electricity consumption. With four 2-bedroom units, dedicated parking, convenient access to public transportation, nearby amenities, and its close proximity to St. Lawrence College, this property presents an opportunity for both experienced and first-time investors. As per form 244 offers to contain a 48-hour irrevocability. All showings require minimum 48 hours notice. (id:66888)