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    For Sale - 9 First Street, Cornwall, Ontario

    Est payment $4,312/mo
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    Time on Jump  1 days

    AI Summary *

    • Well-maintained 5-plex with a strong income profile from occupied units.
    • Current rental rates provide significant income potential for investors.
    • Each unit is separately metered for easy management and utility billing.
    • Mix of occupied and vacant units offers future rental upside.
    • Great opportunity to expand an investment portfolio with multi-unit property.




    Fantastic investment opportunity! This well-maintained 5-plex offers a strong income profile with a great mix of occupied units and future rental upside. Unit 9 is currently rented for $1,076. 25/month, plus $240 every three months. Apartment a is rented for $1,125/month plus electric, apartment b is currently vacant, apartment c is rented for $1,025/month plus electric, and apartment d is rented for $825/month plus electric. Each unit is separately metered, allowing for simplified management and tenant utility responsibility. Whether you are looking to expand your investment portfolio or secure a multi-unit property with income potential, this 5-plex is an excellent opportunity. 48 hours' notice required for all showings and 48-hour irrevocable on all offers as per form 244.
    Listing IDX12934574
    Address9 First Street
    CityCornwall, Ontario
    Price$898,000
    Bed / Bath6 / 5 Full
    Style2-Storey, Multiplex
    ConstructionMetal/Steel Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features NoneOwnership FreeholdBasement NoneFoundation SlabHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 4.00
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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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    9 First Street
    Cornwall , Ontario
    6 5 $898,000
    Get more info