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    For Sale - 1316 Cumberland Street, Cornwall, Ontario

    Est payment $2,400/mo
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    Views   1
    Time on Jump  42 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
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    * 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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    1316 Cumberland Street
    Cornwall , Ontario
    6 4 $499,900
    Get more info