231 LOUISA STREET
Cornwall K6H 4P9

$749,900
Multi-family beds: 9 baths: 5.0

Main Photo: 231 LOUISA STREET in Cornwall: Multi-family for sale : MLS®# X13178748
Photo 1: 231 LOUISA STREET in Cornwall: Multi-family for sale : MLS®# X13178748
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
X13178748
Bedrooms:
9
Bathrooms:
5
Welcome to your next investment opportunity! This fully tenanted 5-plex offers a rare combination of strong cash flow, reliable rental income, and long-term growth potential. Generating approximately $81,000 in gross annual income and an estimated 8% cap rate, this income-producing property is well positioned for investors seeking solid returns from day one. Comprised of five self-contained residential units with established tenants in place, the building provides dependable revenue while benefiting from continued demand for quality rental housing. Conveniently located close to shopping, schools, parks, public transit, and other everyday amenities, the property appeals to a wide range of tenants and supports long-term occupancy. Whether you're expanding an existing portfolio or entering the multi-family market, this 5-plex represents an excellent opportunity to acquire a well-performing asset with proven income and future upside potential. A minimum of 24 hours' notice is required for all showings. Please allow 48 hours irrevocable on all offers as per Form 244. (id:2493)
Price:
$749,900
Property Type:
Multi-family
MLS® Num:
X13178748
Status:
Active
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Listed by: TAYLOR GINGRAS, RE/MAX AFFILIATES MARQUIS LTD.
Data was last updated June 10, 2026 at 07:15 PM (UTC)
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