Welcome to this remarkable ["2-Storey"] fourplex located in the coveted neighborhood of 717 - Cornwall. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $599,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to this positive cash-flowing fourplex ideally located within close proximity to schools, St. Lawrence College, and a variety of shopping options, making it a highly desirable rental location. This well-maintained property boasts west-facing windows that were all updated in 2022, allowing for plenty of natural light and improved energy efficiency. Each unit is equipped with brand new gas space heaters, installed in 2022, providing reliable and cost-effective heating for tenants.The four units are currently rented at competitive market rates, with rents as follows: Unit 2 at $1250.50 plus utilities, Unit 4 at $1,375 plus utilities, Unit 6 at $1,300 plus utilities, and Unit 8 at $1,225 plus utilities. There is no vacancy and tenants responsible for utilities, this property offers excellent operating efficiency. The net operating income (NOI) for this investment is approximately $52,352.46, making it a highly attractive opportunity for investors seeking immediate income and long-term growth potential. 24 Hour notice for showings, 48 Hour irrevocable on all offers as per form 244.
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Data-driven valuation for 2 Baldwin Avenue, Cornwall, ON K6H 4H6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
No current listings found in Cornwall.
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