Fantastic opportunity to invest in a well maintained and managed 12 unit apartment building in the centre of Cornwall. This 12 plex sits back off the street with plenty of privacy, lighting and security cameras. The building consists of 2x1 bedroom, 9x2 bedroom & 1x3 bedroom apartments. Each unit consists of their own balcony or terrace. There is a secured entrance and intercom system. Outside offers 16 parking spaces with 1 per unit, 2 visitors and 2 handicap parking spaces. Outside includes a shed for the owner's storage needs. Each floor has its own coin machine laundry appliances. 8 of the tenants are under contract with Cornwall housing. Long term property manager on site. ** With negotiations with Cornwall housing, rents for 2 bedroom units could be 1300/month starting April 2023 ** (id:46679)
MLS® Number | 1297254 |
Property Type | Multi-family |
Neigbourhood | Centertown |
Parking Space Total | 16 |
Constructed Date | 1994 |
Exterior Finish | Brick |
Fire Protection | Security |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 265 Ft |
Size Frontage | 60 Ft |
Size Irregular | 60 Ft X 265 Ft |
Size Total Text | 60 Ft X 265 Ft |
Zoning Description | Res 30 |
https://www.realtor.ca/real-estate/24535519/225-fourth-street-w-cornwall-centertown
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