705 Walton Street, Cornwall, Ontario K6H1T8

Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD..

$698,000
9
BD
4
BA

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List Price
$698,000
Status
ACTIVE
Days on Market
0
MLS® #
CornwallDistrictRealEstateBoard-X14124732
Bedrooms
9
Bathrooms
4
Subdivision
717 - Cornwall
Neighborhood
717 - Cornwall
MLS Area Major
717 - Cornwall

Property Description

An exceptional investment opportunity featuring four rental units with a desirable mix of layouts: Unit 705A offers 2 bedrooms and 1 bathroom, Unit 705B features 4 bedrooms and 1 bathroom, Unit 705C offers 2 bedrooms and 1 bathroom, and Unit 705D includes 1 bedroom and 1 bathroom. Generating $75,359.28 in gross annual rental income, this property offers multiple income streams and an attractive cap rate of approximately 9.30%. Additional highlights include a large yard, double detached garage, and ample parking. With strong rental income and desirable property features, this is an excellent opportunity to expand your investment portfolio. (id:5764)

Additional Information

Exterior Features
Vinyl siding
Taxes
$4,433
Community Features
717 - Cornwall
Appliances
Water Heater - Tankless
Heating
Baseboard heaters, Radiant heat, Electric, Natural gas
Air Conditioning
None
Stories
2
Foundation
Concrete
Parking Features
Detached Garage, Garage

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