1200- 1202 First St E Cornwall, Ontario K6H 1N8
$650,000
Attention All Investors! Fully Renovated Legal Triplex Offering A 3 Bed-1 Bath Upper Unit, 1 Bed, 1 Bath Upper Unit And A 3 Bed-1 Bath Lower Unit. The Basement Could Also Be Rented Out As Storage With Additional Income Potential. Located 1km From St Lawrence Campus And Close To Both Public And Catholic Schools. The Property Is Close To All Amenities, Shopping And Recreation Making It An Attractive Location For Any Tenant. Separately Metered, High Efficiency Gas Furnace, And Electrical Upgraded To Code Specs. 2 Units Has In-Suite Laundry And 1 Has Access To Basement Laundry. This Triplex Has The Potential To Rent or $4,250.00 Per Month Creating Positive Cash Flow With Great Cap Rate At 6%, POSITIVE CASH FLOW WITH EQUITY APPRECIATION IN A GROWING COMMUNITY! (id:26892)
Property Details
| MLS® Number | X6707458 |
| Property Type | Single Family |
| Amenities Near By | Hospital, Place Of Worship, Public Transit, Schools |
| Community Features | Community Centre |
| Parking Space Total | 2 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Aluminum Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Triplex |
Land
| Acreage | No |
| Land Amenities | Hospital, Place Of Worship, Public Transit, Schools |
| Size Irregular | 43.07 X 100.34 Ft |
| Size Total Text | 43.07 X 100.34 Ft |
https://www.realtor.ca/real-estate/25895479/1200-1202-first-st-e-cornwall
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September 13 2023 11:08:25
Toronto Real Estate Board
Homelife/miracle Realty Ltd