401-403 WATER STREET E
Cornwall, Ontario
MLS® X13781138
$530,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13781138
- Bedrooms
- 5
- Bathrooms
- 5
- Year built
- —
1 / 9Listing description
Are you looking for a wonderful property for your investment portfolio? Look no further. This 5-plex is centrally located near the St.
Lawrence and all its amenities, including the mall, bus routes, and local shops. While originally built in 1986, the property has been well-maintained with a brick exterior makeover, new roof shingles in 2020, and new sidewalks on the corner and west side. The building features two larger units on the ground floor with spacious living rooms and kitchens, plus three units on the upper level, one of which has been recently renovated.
Each unit has a separate hydro meter. New tenants can be signed as rent + hydro (one upper unit is already paying their own hydro). Hot water is provided by a cost-saving, gas, on-demand system.
Each unit includes its own laundry hookups, with the exception of one upper unit. There 4 parking spots at the back of the building. Schedule your showing to check out this cared-for 5 plex.
"Other" expense is natural Gas $785. 64/year for on demand HW. 48 hour notice required for showings.
This property is also listed under commercial MLS#: X13765952
Property summary
- MLS® number
- X13781138
- Property type
- Multi-family
- Building type
- Other
- Land size
- 44.7 x 60 FT
- Annual property taxes
- $5,262.00
- Parking
- 4 spaces · No Garage
- Days on market
- 2 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Basement
- Crawl space
- Exterior features
- Brick
What would this home cost you?
Based on the $530,000 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 ROYAL LEPAGE PERFORMANCE REALTY, 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.