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$730,000

11 Beds 6 Baths 3,500 SQFT 0.00 Acres
Type: Multi-Family

225 LOUISA STREET
Cornwall, ON K6H4P9

MLS#: X13192728
Brian Feeney
Brian Feeney
Condo Digs
Sales Representative
Phone: 905.922.9000
Office: 647.417.9995
Presented by: RE/MAX AFFILIATES MARQUIS LTD.

Property Description

 

Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers. (id:7434)


 

Interior Features

Bedrooms

Bedrooms11

Other Interior Features

Basement DevelopmentPartially finished
Basement TypeFull (Partially finished)
Building Fireplace PresentFalse
Building Heating FuelElectric, Natural gas
Building Heating TypeBaseboard heaters, Forced air
Living Area Range3,500 sqft

General

Building Cooling TypeNone
Building TypeOther
Building.StoriesTotal2
CommunityName717 - Cornwall
Foundation TypeConcrete
Location DescriptionCross Streets: Montreal rd and Walton St. ** Directions: Starting from Walton st, Head South onto Louisa. Property is on the West Side.
Parking Space Total4
Property TypeMulti-family

Exterior

Exterior FinishWood
SewerSanitary sewer

Additional Details

  

Similar Properties

$730,000

11 Beds 6 Baths 3,500 SQFT 0.00 Acres
Type: Multi-Family

225 LOUISA STREET
Cornwall, ON K6H4P9

MLS#: X13192728
Brian Feeney
Brian Feeney
Condo Digs
Sales Representative
Phone: 905.922.9000
Office: 647.417.9995
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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