More Photos

×

    For Sale - 1316 Cumberland Street, Cornwall, Ontario

    Est payment $2,400/mo
    Get pre-qualified
    Views   1
    Time on Jump  18 day

    AI Summary *

    • Strong income producing fourplex with approximately $53,556 annual rental income.
    • Estimated NOI of $38,488 providing solid cash flow potential.
    • Impressive 7.7% cap rate and about 12% cash-on-cash ROI.
    • Features a durable metal roof and ample parking for tenants.
    • Well-suited for investment portfolios seeking cash flow and long-term value.




    1316 cumberland street is a strong income producing fourplex bringing in approximately $53,556 in annual rental income with an estimated noi of $38,488. At the current asking price, that works out to an impressive 7. 7% cap rate and approximately 12% cash-on-cash roi (approx figures. Actual rates, expenses and returns may vary) add in a metal roof and a ton of parking in the rear - a huge advantage for a multi-unit property, and you've got an investment built for strong cash flow today with long-term potential. Four units. Great income. High cash flow. This one deserves a spot in your portfolio. Reach out now for income/expense breakdown.
    Listing IDX13769134
    Address1316 Cumberland Street
    CityCornwall, Ontario
    Price$499,900
    Bed / Bath6 / 4 Full
    Style2-Storey, Fourplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features OtherOwnership FreeholdBasement UnfinishedFoundation ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 4.00
    ASAP

    Wed

    30

    Sep

    Thu

    1

    Oct

    Fri

    2

    Oct

    Sat

    3

    Oct

    Sun

    4

    Oct

    Mon

    5

    Oct

    Tue

    6

    Oct

    Wed

    7

    Oct

    Thu

    8

    Oct

    Fri

    9

    Oct

    Sat

    10

    Oct

    Sun

    11

    Oct

    Mon

    12

    Oct

    Tue

    13

    Oct

    Wed

    14

    Oct

    Thu

    15

    Oct

    Fri

    16

    Oct

    Sat

    17

    Oct

    Sun

    18

    Oct

    Mon

    19

    Oct

    Tue

    20

    Oct

    Wed

    21

    Oct

    Thu

    22

    Oct

    Fri

    23

    Oct

    Sat

    24

    Oct

    Sun

    25

    Oct

    Mon

    26

    Oct

    Tue

    27

    Oct

    Wed

    28

    Oct

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Brokerage: 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.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    824 Alice Street
    Cornwall, Ontario.
    2 Beds | 2 Baths
    $449,900
    129 Kensington Street
    Cornwall, Ontario.
    2 Beds | 2 Baths
    $429,000
    116 Heritage Place
    Cornwall, Ontario.
    3 Beds | 2 Baths
    $439,000
    229 4th Street
    Cornwall, Ontario.
    4 Beds | 2 Baths
    $439,900
    605 Kirkwood Street
    Cornwall, Ontario.
    4 Beds | 3 Baths
    $529,900
    1888 Belvedere Crescent
    Cornwall, Ontario.
    3 Beds | 2 Baths
    $539,900
    63 Mercier Avenue
    Cornwall, Ontario.
    3 Beds | 1 Baths
    $469,900
    1369 Lochiel Street
    Cornwall, Ontario.
    3 Beds | 3 Baths
    $497,500
    137 Jarvis Street
    Cornwall, Ontario.
    3 Beds | 2 Baths
    $469,900
    Loading...
    1316 Cumberland Street
    Cornwall , Ontario
    6 4 $499,900
    Get more info