Triplex Investment Opportunity in Downtown Cornwall. Welcome to 107, 107A & 107B Prince Arthur Street, an income generating triplex located in downtown Cornwall. This property features three self-contained units, including two - 2 bedroom units and one - 1 bedroom unit, all currently fully tenanted, providing immediate rental income. The property generates $2,850 per month in rental income, with tenants responsible for their own utilities (gas & electric bills), helping to keep operating costs lower. Two of the apartments each have a bonus room on the second level-perfect for use as a home office, second living room, playroom, or potential conversion into an additional bedroom. Conveniently located just one block from the waterfront trail, this property offers easy access to scenic walking paths and outdoor recreation, adding to its long-term appeal for tenants. An excellent opportunity for investors looking to expand their portfolio with a centrally located, income-producing property. (id:4069)
Address
107, 107A, 107B - 107 PRINCE ARTHUR STREET
List Price
$275,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Cornwall
Bedrooms
5
Bathrooms
3
Floor Area
2000 - 2500 Sq. Ft.
Lot Size
36 x 90 FT Sq. Ft.
MLS® Number
X12956400
Listing Brokerage
CENTURY 21 SHIELD REALTY LTD.
Basement Area
Crawl space
Postal Code
K6H4N6
Zoning
RES30
Features
Irregular lot size
