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225 Louisa Street

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  • 11 Bedroom
  • 6 Bathroom
  • 3,500 - 5,000 sqft
  • None
  • Baseboard Heaters, Forced Air

$764,900

Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers. (id:66888)

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Details

Property Details
MLS® Number X13192728
Property Type Multi-family
Community Name 717 - Cornwall
Parking Space Total 4
Building
Bathroom Total 6
Bedrooms Above Ground 11
Bedrooms Total 11
Basement Development Partially Finished
Basement Type Full (partially Finished)
Cooling Type None
Exterior Finish Wood
Foundation Type Concrete
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Size Interior 3,500 - 5,000 Sqft
Type Other
Utility Water Municipal Water
Parking
No Garage
Land
Acreage No
Sewer Sanitary Sewer
Size Depth 90 Ft
Size Frontage 50 Ft
Size Irregular 50 X 90 Ft
Size Total Text 50 X 90 Ft

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