1200-1202 First Street E Cornwall, Ontario K6H 1N8
$399,900
Solid & spacious 2200+ sqft triplex in East Cornwall neighborhood just a few minutes walk to St. Lawrence college and many other amenities. The main floor unit is a large 3-bedroom with generous living room and dine-in kitchen plus a full height unfinished basement for storage and laundry with gas furnace that could be turned into additional living space. Tenant pays $950 inclusive, market rent would be $1300+. Upstairs includes another 3-bedroom unit with nice front balcony - tenant pays $760, market rent would be $1000 - and a smaller 1-bedroom unit with a tenant paying $600 that should make $750+. Efficient gas heat in each unit, tenants have utilities included in rent but property has separate meters for gas/electric - future tenants can pay their own utilities. Lots of potential here for great future cash-flow for the right investor - a little patience can produce big profits! (id:29438)
Property Details
| MLS® Number | 1235247 |
| Property Type | Multi-family |
| Neigbourhood | East Cornwall |
| Amenities Near By | Public Transit, Shopping |
| Communication Type | Internet Access |
| Easement | Unknown |
| Features | Corner Site |
| Parking Space Total | 3 |
Building
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1950 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding |
| Fireplace Present | No |
| Flooring Type | Hardwood, Laminate, Linoleum |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Space Heater |
| Stories Total | 2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Gravel |
Land
| Acreage | No |
| Land Amenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 45 Ft |
| Size Irregular | 45 Ft X 100 Ft |
| Size Total Text | 45 Ft X 100 Ft |
| Zoning Description | Res20 |
https://www.realtor.ca/real-estate/23036939/1200-1202-first-street-e-cornwall-east-cornwall
Interested in this property?
Claudio Baiocchi, REALTOR®
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Cornwall & District Real Estate Board
Cameron Real Estate Brokerage
April 08 2021 03:12:45
