$919,900
FOR SALE

Multiplex

Lot: 62 x 132 ft

314-316 Marlborough Street
Cornwall, ON K6H 4A3 | Marlborough

Discover the epitome of investment opportunity with this meticulously maintained 6-plex, cherished by its retiring owner for 15 years. Boasting a stellar tenant history this property ensures stability and growth for savvy investors. Upgraded electrical, plumbing, and cosmetic enhancements showcase the owner's dedication to excellence. With tenants responsible for utilities and the owner managing hot water expenses and common area electricity, this investment is streamlined for efficiency. Enjoy an additional revenue stream with the coin-operated laundry room. Convenient rear parking lot enhances tenant satisfaction. A 2.5% rent increase went into effect for all units April 2024. Seller requires 24 hours irrevocable on all offers. Seller requires 48 hours showing notice for tenants. (id:47421)
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Listed By RE/MAX AFFILIATES MARQUIS LTD.
Data Provided By Cornwall & District Real Estate Board
MLS® Listing Number 1379983
Last Updated Apr 24, 2024
Property Summary
Property Type Multiplex

More like this:
Neighbourhood Marlborough
Price History

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Detailed Information
Lot 62 x 132 ft
Listing Contract Date 2024-03-11
Management Company Self maintained -
Municipal ID 601740158
Ownership Type Freehold
# of Parking Spaces 6
Property Type Multi-family
Transaction Type For sale
Zoning Description 336
Building
Constructed Date 1938
Exterior Finish Siding
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard heaters
Stories Total 2
Utility Water Municipal water
Land
Total Size 62 ft X 132 ft
Sewer Municipal sewage system
Size of Irregular Land 62 ft X 132 ft

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