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    For Sale - 306 Marlborough Street, Cornwall, Ontario

    Est payment $2,016/mo
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    Views   2
    Time on Jump  136 day

    AI Summary *

    • Located in Marlborough, a sought-after neighborhood for investors.
    • Currently generating over $3,600 monthly from three occupied units.
    • Unit 310 will be vacant soon, offering more rental potential.
    • Approximately $34,350 in net operating income and 7.9% cap rate.
    • Convenient access to schools, parks, and local amenities for residents.




    Located in the desirable marlborough neighbourhood, directly across from the joe st. Denis football field, this 7-bedroom triplex presents a compelling opportunity for investors seeking strong income potential. The property is currently generating approximately $3,647. 80 per month in rental income (approximately $43,773. 60 annually) from three occupied units. Unit 310 (3 bed) will be vacant as of october 31st. Based on current operating figures, the property offers an approximate net operating income of $34,354. 60 and an estimated cap rate of approximately 7. 9%, making it an attractive addition to an investment portfolio. Positioned in an established residential area with convenient access to schools, parks, and amenities, this income-producing property combines location, rental demand, and solid returns. 24 hour notice required for all showings. 48 hour irrevocable on all offers as per form 244.
    Listing IDX13169918
    Address306 Marlborough Street
    CityCornwall, Ontario
    Price$419,900
    Bed / Bath7 / 3 Full
    Style2-Storey, Triplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Carpet FreeOwnership FreeholdBasement Full, UnfinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    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.

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    306 Marlborough Street
    Cornwall , Ontario
    7 3 $419,900
    Get more info