$799,900
Available - For Sale
Listing ID: X9523859
107 SEVENTH St West , Cornwall, K6J 2Y1, Ontario
| Don't miss out on this 6 plex with an excellent cash flow. The property features 1-3 bdrm unit, 2-2 bdrm units, 1-1 bdrm unit and 2 bachelor apartments. This building is fully rented and very clean. All tenants are paid in full. The building is for sale as the present owners are retiring. The property includes 5 fridges and 5 stoves (unit 1 is tenant owned)and a coin operated washer/dryer in the basement. There is a 2.5 car garage that could be converted to storage for extra rental income. The property is adjacent to King George park and close to shopping, schools and bus. 48 hours notice for all showings and 48 hours irrevocable on all offers. |
| Price | $799,900 |
| Taxes: | $3740.00 |
| Occupancy by: | Tenant |
| Address: | 107 SEVENTH St West , Cornwall, K6J 2Y1, Ontario |
| Postal Code: | K6J 2Y1 |
| Province/State: | Ontario |
| Legal Description: | PT LT 19 N/S SEVENTH ST PL CORNWALL AS I |
| Lot Size: | 44.60 x 132.00 (Feet) |
| Directions/Cross Streets: | Take Pitt St. South to Seventh St. Go West on Seventh. There is a sign on the property. |
| Category: | Apartment |
| Insurance Expense: | $3278 |
| Water Expense: | $4028 |
| Gross Income/Sales: | $69600 |
| Operating Expenses: | $18944 |
| Net Income Before Debt: | $50656 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | None |
| Sewers: | Sewers |
| Water: | Municipal |
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| RE/MAX AFFILIATES MARQUIS LTD. |
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Mina Nourikhalichi
Broker
Dir:
416-882-5419
Bus:
905-731-2000
Fax:
905-886-7556
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Stormont, Dundas and Glengarry |
| Municipality: | Cornwall |
| Neighbourhood: | 717 - Cornwall |
| Lot Size: | 44.60 x 132.00(Feet) |
| Tax: | $3,740 |
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