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    For Sale - 228 Second Street, Cornwall, Ontario

    Est payment $2,881/mo
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    Views   3
    Time on Jump  10 day

    AI Summary *

    • Mixed-use building with 2 commercial and 4 residential units.
    • Strong net income potential of approximately $50,331.
    • Well-maintained, century-old building with three stories.
    • 400 amp electrical service with tenant-paid electricity.
    • Convenient location with ample parking and zoning for mixed use.




    The subject property is a 6 unit mixed commercial and residential rental building located at 228 second st. West, cornwall, ontatio. In all there are 2 commercial units and two 2 bedroom units and two 1 bedrom units. Net income to the landlord of 2025 is approximately $50,331. 00 based on current tenancies. There is a 400 amp electrical service, tenant pay separately metered electricty. Heating is supplied by gas fired hot water system. There is a coin operated laundry facility. The building is a three story well maintained century building with lots of parking in a centrally located part of the city. Zoning is spu 20 which allows a mix of commercial and residential uses.
    Listing IDX13478592
    Address228 Second Street
    CityCornwall, Ontario
    Price$600,000
    Style3-Storey, Multiplex
    ConstructionBrick, Vinyl Siding
    Land Size11808
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features NoneOwnership FreeholdWaterfront NoneBasement Partial BasementFoundation StoneHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 10.00
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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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    228 Second Street
    Cornwall , Ontario
    $600,000
    Get more info