view of front facade featuring a balcony, brick siding, and a patio area Features: balcony More Photos

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    For Sale - 1101 Gretchen Court, Cornwall, Ontario

    Est payment $7,683/mo
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    Views   1
    Time on Jump  29 day

    AI Summary *

    • Quality built fourplex from 2015, offering spacious units for tenants.
    • Each unit features 2 bedrooms and 1 bathroom, around 1100 sqft.
    • Upper units have west-facing balconies for extra outdoor space.
    • Current income of $73,692 with potential to increase significantly.
    • Great location with convenient access to amenities and transportation.




    Welcome to 1101 gretchen court, a 2015 quality built and well located fourplex that offers spacious units, stunning curb appeal, and all the conveniences that appeal to a wide spectrum of tenants. Each of the 4 units in this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units host west facing balconies while the main level units have both a front entrance and a rear entrance off the parking lot. This property currently grosses $73,692 annually, and with market priced rents has a potential gross revenue of $103,2000 annually. Current operating expenses are $19,461 and net operating income is $54,231. 24h notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers.
    Listing IDX12842682
    Address1101 Gretchen Court
    CityCornwall, Ontario
    Price$1,600,000
    Bed / Bath8 / 8 Full
    Style2-Storey, Fourplex
    ConstructionBrick, Vinyl Siding
    Land Size0.372
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Water HeaterOwnership FreeholdBasement NoneFoundation Concrete, SlabHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Agency:  RE/MAX AFFILIATES MARQUIS LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1101 Gretchen Court
    Cornwall , Ontario
    8 8 $1,600,000
    Get more info