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$ 429,000
Est. payment /mo
New
322 Cumberland ST Cornwall, ON K6J 4J1
7 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 717 - Cornwall
MLS Listing ID X12349926
Style 2-Storey
Bedrooms 7
Annual Tax Amount $2,966
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Great Investment Opportunity! Fully rented fourplex with a solid 6.2% cap rate. This well-maintained building features three 2-bedroom units and one 1-bedroom unit, each with in-suite laundry for tenant convenience. Rents are Unit 1 $685 + utilities, Unit 2 $725 + utilities, Unit 3 $725 + utilities, and Unit 4 $875 + utilities. Each unit includes one parking space. Located in a desirable area, close to all amenities. A turn-key investment. Call today to book your private viewing!
Location
State ON
County Stormont, Dundas And Glengarry
Community 717 - Cornwall
Area Stormont, Dundas And Glengarry
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 4
Interior
Interior Features Separate Hydro Meter, Separate Heating Controls
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features Available
Pool None
Roof Type Tar and Gravel
Lot Frontage 69.0
Lot Depth 112.0
Total Parking Spaces 4
Building
Foundation Poured Concrete
Listed by ROYAL LEPAGE INTEGRITY REALTY