Cornwall, ON K6H 1M3,707-713 First ST E
Cornwall, ON K6H 1M3,707-713 First ST E
Cornwall, ON K6H 1M3,707-713 First ST E
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$435,000
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5 Beds
4 Baths
Active

707-713 First ST E Cornwall, ON K6H 1M3

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 717 - Cornwall

MLS Listing ID X12076187

Style 2-Storey

Bedrooms 5

Building Age 51-99

Annual Tax Amount $2,745

Tax Year 2024

Property Sub-Type Fourplex

Property Description

POSITIVE CASH FLOW FOURPLEX! Solid brick Fourplex in an upcoming area of Cornwall. This fourplex is in prime location with proximity to shops, school, college and recreational center. Good income with solid tenants. The units are all similar in size with some having their original 2 bedrooms, with others having been converted into a more spacious one bedroom. All units are heated with gas space heaters. Renovation includes most windows, and bathroom. The detached garage and attached shed offers great parking space and storage possibility. Don't miss this opportunity with the adjacent building also being sold by same owner... possibility to own a large piece of land in prime location. Rents are: $875 inclusive (2 units), $998.75 inclusive, $900 plus utilities (Total/year: $43,785). Expenses (2023) are: Prop.tax $2645, Water/Sewer $2296, Hydro $3383, Gas $4979, Insurance $3301 (Total/year: $16,604). Expenses for Hydro and Gas should be less in 2025 as one new tenant is now paying their own utilities.

Location

State ON

County Stormont, Dundas And Glengarry

Community 717 - Cornwall

Area Stormont, Dundas And Glengarry

Zoning Res 20

Rooms

Family Room No

Basement Other

Kitchen 4

Interior

Interior Features Separate Heating Controls, Sump Pump, Water Heater Owned

Cooling None

Inclusions 4 Refrigerators, 4 Stoves

Exterior

Parking Features Available

Garage Spaces 2.0

Pool None

Roof Type Flat

Lot Frontage 40.0

Lot Depth 107.0

Total Parking Spaces 2

Building

Foundation Concrete

Others

Senior Community Yes

Security Features Smoke Detector

ParcelsYN No


Listed by DECOSTE REALTY INC.

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agent

Catherine Antwi

+1(416) 662-5352

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707-713 First ST E