Welcome to this positive cash-flowing fourplex ideally located within close proximity to schools, St. Lawrence College, and a variety of shopping options, making it a highly desirable rental location.This well-maintained property boasts west-facing windows that were all updated in 2022, allowing for plenty of natural light and improved energy efficiency. Each unit is equipped with brand new gas space heaters, installed in 2022, providing reliable and cost-effective heating for tenants.The four units are currently rented at competitive market rates, with rents as follows: Unit 2 at $1250.50 plus utilities, Unit 4 at $1,375 plus utilities, Unit 6 at $1,300 plus utilities, and Unit 8 at $1,225 plus utilities. These solid rental incomes contribute to a strong and consistent cash flow.With no vacancy and tenants responsible for utilities, this property offers excellent operating efficiency. The net cash flow for this investment is approximately $51,986.65, making it a highly attractive opportunity for investors seeking immediate income and long-term growth potential. 24 Hour Notice required for showings. 48 Hour irrevocable on all offers as per form 244. (id:2493)More details
Listed by: TAYLOR GINGRAS, RE/MAX AFFILIATES MARQUIS LTD.
Fantastic Investment Opportunity! This well-maintained triplex offers a total of 8 bedrooms across three spacious units, each with strong rental income: Unit 450 ($1,291.51), Unit 452 ($1,750.00), and Unit 454 ($1,550.00). That's over $4,500/month in gross rents, with a Net Operating Income (NOI) of $45,841.64! Each unit is separately metered (4 hydro meters on site), making management simple and efficient. The property includes an attached garage ideal for tenant storage or additional income, plus three backyard sheds for even more storage options. Whether you're looking to expand your portfolio or house-hack, this property is a must-see! 24 Hour Notice for all showings, 48 Hour Irrevocable on all offers as per form 244. (id:2493)More details
Listed by: TAYLOR GINGRAS, RE/MAX AFFILIATES MARQUIS LTD.
Welcome to 52 Elm Street! This fully occupied fourplex is nestled in the sought-after village of Ingleside a location where opportunities like this don't come along often. Situated beside a park, close to local amenities, and just a short walk to the St. Lawrence River, its an ideal setting for tenants.Each of the four 1-bedroom units is currently rented:Unit 1: $810.07/month (hydro included) Unit 2: $915.32/month (+ utilities) Unit 3: $908.78/month (+ utilities) Unit 4: $888.42/month (+ utilities). The property generates a gross annual income of $42,271.08 through the rent roll, with additional revenue from a coin-operated washer and dryer accessible to all tenants.If you're ready to expand your investment portfolio in a prime location, this is a property you'll want to see. All offers to include a 24-hour irrevocable clause. (id:2493)More details
Welcome to 311 Sixth Street East. This fully rented triplex featuring a spacious 2-storey, 3-bedroom unit, a bachelor unit and a 1-bedroom apartment. The main 3-bedroom unit offers plenty of living space, beautiful hardwood flooring throughout, and a recently updated kitchen. All units are in great condition with great tenants already in place with no work required! Outside, you'll appreciate the lovely curb appeal with the metal roof, front porch for each tenant, the large 2-car detached garage, ample parking, and a generous backyard perfect for outdoor enjoyment. Recent updates include: Furnace, Central Air, and Hot Water Tank (2019) Metal Roof (2017) Composite Decks with Aluminum Railings (2020). A solid turnkey investment opportunity. Please allow 48 hour notice for showings as well as 48 hour irrevocable clause per form 244. (id:2493)More details
If you've been searching for the perfect investment property or a smart way to offset your living expenses, this side-by-side duplex could be just what you need. Ideally located just steps from Cornwalls vibrant downtown core, it features two updated 3-bedroom units. One side is currently tenanted at $1,950/month plus utilities, while the other side is vacant ready for you to move in or to lease out on your own terms. Don't miss this opportunity to secure a prime property in a sought-after location. Great location, solid income potential, and flexibility to suit your needs its the perfect formula for smart real estate investing. Contact us today for more details or to arrange your private showing. All offers must include a 48-hour irrevocable clause. (id:2493)More details
If you've been searching for the perfect investment opportunity, 601-601A St. Felix is one you wont want to miss. This solid duplex features two spacious 3-bedroom units with large eat in kitchens, in unit laundry in a prime location just steps from schools, shopping, and other amenities, and backing directly onto the beautiful Kinsmen Park. Both tenants enjoy the added bonus of covered porches, perfect for relaxing outdoors. The main floor unit rents for $1,292/month + utilities, while the upper unit brings in $1,025/month + utilities, offering excellent income potential for investors.Taxes- 3304.60, Insurance-2401.50, Water-1,507.22. Minimum of 24 hours notice for all showings. All offers must include a 24-hour irrevocable clause. (id:2493)More details
This fully occupied triplex is conveniently located close to schools, amenities, and public transit an excellent addition to any investment portfolio or a great option for an owner-occupied property.Unit 1: $1,650 + utilities. Unit 2: $560 + utilities, Unit 3: $560 + utilities.The building produces a gross annual income of $33,240. Please note: A minimum of 48 hours notice is required for all showings, and as per Form 244, all offers must include a 48-hour irrevocable clause. (id:2493)More details
Attention First-Time Home Buyers and Savvy Investors! Whether you're looking to expand your investment portfolio or live in one unit while renting out the other to help cover expenses, this charming duplex is a must-see. The property features a brand new roof, a spacious 2-bedroom main floor unit with ample storage that is paying will be vacant on closing, and a cozy 1-bedroom unit on the upper level that is rented out for 1100$/mth, perfect for generating rental income. Ideally located just steps from public transit, schools, shopping, and the Cornwall Community Hospital, this property offers excellent convenience for tenants. Please note: a minimum of 24 hours' notice is required for all showings. (id:2493)More details
This well-maintained side-by-side duplex is an excellent opportunity for investors or owner-occupiers alike. The west unit offers 2 bedrooms and 1 bathroom and will be vacant as of November 1st, allowing you to set market rent plus utilities. The east unit features 3 bedrooms and 2 bathrooms, currently rented for $1,581/month (utilities included). Over the years, the property has benefited from numerous updates, including new siding, windows, and roof, providing peace of mind for future owners. Whether you're looking to expand your investment portfolio or live in one unit while renting out the other, this property delivers both flexibility and long-term value. Please note: 48 hours notice is required for all showings. As per Form 244, all offers must include a 48-hour irrevocable period. (id:2493)More details
Welcome to 420 McConell Ave, your next investment. This up and down duplex offers 2 bedrooms per unit, with the main floor heated by forced air gas and the upstairs apartment by baseboards. This duplex is sitting on a deep lot, just steps away from schools and close to amenities. The main floor tenant is currently paying 750/month+utilities and the upstairs unit is paying 1,225/month+utilities. Gross Annual Income is $23,700. 48 hour notice for all showings, as per form 244 48 hour irrevocable clause on all offers. (id:2493)More details
Welcome to 212 Guy Street. This 2 storey duplex is a short walk to the St Lawrence College, restaurants and amenities. The upstairs tenant is currently paying 1000$ a month plus utilities. The downstairs unit is currently vacant offering a great opportunity for the next owner to have an appealing cap rate. Showings for the tenanted unit will need a minimum of 48 hours notice. As per form 244 all offers are to contain a 48 hour irrevocable period. (id:2493)More details
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