306 Marlborough Street N, Cornwall, Ontario

About 306 Marlborough Street N

Located in the desirable Marlborough neighbourhood, directly across from the Joe St. Denis Football Field, this 7-bedroom triplex presents a compelling opportunity for investors seeking strong income potential. The property is currently generating approximately $3,647.80 per month in rental income (approximately $43,773.60 annually) from three occupied units. Unit 310 (3 Bed) will be vacant as of October 31ST. Based on current operating figures, the property offers an approximate Net Operating Income of $34,354.60 and an estimated cap rate of approximately 7.9%, making it an attractive addition to an investment portfolio. Positioned in an established residential area with convenient access to schools, parks, and amenities, this income-producing property combines location, rental demand, and solid returns. 24 Hour notice required for all showings. 48 Hour irrevocable on all offers as per Form 244. (id:6289)

More Info on this 717 - Cornwall Triplex MLS® listing

306 Marlborough Street N is a triplex listing for sale in Cornwall. The MLS® number is X13169918. It features 7 bedrooms, 3 bathrooms. It's currently listed for $399,000. For more details on MLS® X13169918, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This triplex listing in 717 - Cornwall is available now!

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