7 Bedroom
3 Bathroom
2,000 - 2,500 sqft
None
Forced Air
$434,900
Located in the desirable Marlborough neighbourhood, directly across from the Joe St. Denis Football Field, this 7-bedroom triplex presents a compelling opportunity for investors seeking strong income potential. The property is currently generating approximately $3,650 per month in rental income (approximately $43,700 annually) from three occupied units. Based on current operating figures, the property offers an approximate Net Operating Income of $34,000 and an estimated cap rate of 7.8%, making it an attractive addition to an investment portfolio. Positioned in an established residential area with convenient access to schools, parks, and amenities, this income-producing property combines location, rental demand, and solid returns. 24 Hour notice required for all showings. 48 Hour Irrevocable on all offers as per Form 244. (id:47351)
Property Details
|
MLS® Number
|
X13169918 |
|
Property Type
|
Multi-family |
|
Community Name
|
717 - Cornwall |
|
Features
|
Carpet Free |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
7 |
|
Bedrooms Total
|
7 |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Vinyl Siding |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
2,000 - 2,500 Sqft |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
66 Ft |
|
Size Frontage
|
51 Ft |
|
Size Irregular
|
51 X 66 Ft |
|
Size Total Text
|
51 X 66 Ft |
https://www.realtor.ca/real-estate/29800062/306-marlborough-street-n-cornwall-717-cornwall