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225 Fourth Street W Cornwall, Ontario K6J 2R9

Baseboard Heaters

$1,999,900

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)

Property Details

MLS® Number 1297254
Property Type Multi-family
Neigbourhood Centertown
Parking Space Total 16

Building

Constructed Date 1994
Exterior Finish Brick
Fire Protection Security
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Utility Water Municipal Water

Land

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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