414 Second Street , Cornwall, ON K6J 1H1
Cornwall, ON K6J 1H1
Description
This 4-plex offers strong income potential with room for improvement, making it an ideal project for investors. The property features a large 3-bedroom, 3-bathroom unit ($987.50/month), a 2-bedroom, 1-bathroom unit ($680/month), and two 1-bedroom, 1-bathroom units ($602 and $542/month). Each unit has its own hydro meter and hot water tank, with tenants responsible for paying heat and hydro. A brand-new natural gas furnace was installed in 2024, adding value to the property. While the building requires some maintenance, it has excellent potential for increased rental income and long-term appreciation. Parking is conveniently available at the back of the property. This is a great opportunity for hands-on investors to add value and maximize returns.
Details
| Mls | X11441383 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Sold Conditional |
| Days On Site | 11 |
| Listing Provided By | RE/MAX AFFILIATES MARQUIS LTD. | Not Provided |
Features
| Beds | 7 |
|---|---|
| Baths | 6 |
| Basement | Y |
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Learn More About This Property
| State | ON |
|---|---|
| County | Stormont, Dundas and Glengarry |
| City | Cornwall |
| Zip Code | K6J 1H1 |
| Area | 717 Cornwall |
| Listing VS Median (in K6J 1H1) | |
Price: $335,000 low | high Med: $0 On Site: 11 low | high Med: | |