LOADING

1200-1202 First Street E Cornwall, Ontario K6H 1N8

None Forced Air, Space Heater

$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

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