306 MARLBOROUGH STREET N
Cornwall, Ontario
MLS® X13169918
$419,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13169918
- Bedrooms
- 7
- Bathrooms
- 3
- Year built
- —
1 / 11Listing description
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. 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.
Property summary
- MLS® number
- X13169918
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 51 x 66 FT
- Annual property taxes
- $2,196.00
- Parking
- No Garage
- Days on market
- 95 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Unfinished, Full
- Exterior features
- Vinyl siding
- Lot features
- Carpet Free
What would this home cost you?
Based on the $419,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD., CORNWALL.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.