1316 Cumberland Street, Cornwall, Ontario

$499,900

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6

Beds

4

Baths

About 1316 Cumberland Street

1316 Cumberland Street is a strong income producing fourplex bringing in approximately $53,556 in annual rental income with an estimated NOI of $38,488. At the current asking price, that works out to an impressive 7.7% cap rate and approximately 12% cash-on-cash ROI (Approx figures. Actual rates, expenses and returns may vary) Add in a metal roof and a ton of parking in the rear - a huge advantage for a multi-unit property, and you've got an investment built for strong cash flow today with long-term potential. Four units. Great income. High cash flow. This one deserves a spot in your portfolio. Reach out now for income/expense breakdown. (id:6289)

More Info on this 717 - Cornwall Fourplex MLS® listing

1316 Cumberland Street is a fourplex listing for sale in Cornwall. The MLS® number is X13769134. It features 6 bedrooms, 4 bathrooms. It's currently listed for $499,900. For more details on MLS® X13769134, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This fourplex listing in 717 - Cornwall is available now!

Selling your 717 - Cornwall Fourplex property?

Have a similar home to 1316 Cumberland Street? If you’re thinking about selling your 717 - Cornwall fourplex property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Cornwall property.

Features of 1316 Cumberland Street

Listing # X13769134
Price $499,900
Bedrooms 6
Bathrooms 4.00
Type Multi-family
Sub-Type Fourplex

Community Information

Address 1316 Cumberland Street
Area 717 - Cornwall
Subdivision 717 - Cornwall
City Cornwall
Province Ontario
Postal Code K6J4K7

Amenities

Parking Spaces 4
Parking No Garage
Garages No Garage
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters, Forced air, Electric, Natural gas
Cooling None
Fireplace No
# of Stories 2
Has Basement No
Basement Unfinished, N/A

Exterior

Exterior Vinyl siding
Lot Description 50 x 100 FT
Foundation Concrete

Listing Details

OfficeRE/MAX AFFILIATES MARQUIS LTD.

Listing Map

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