12 Bedroom
6 Bathroom
5000 - 100000 sqft
Central Air Conditioning
Forced Air
$2,650,000
Welcome to 1107 Gretchen Court, a well-located property that hosts both a 2016 built fourplex and a 2024/25 built duplex all on one lot for a total of 6 units on one property. Each of the spacious units offer stunning curb appeal and all the conveniences that appeal to a wide spectrum of tenants. Each of the 6 units on this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units in the fourplex host west facing balconies while the main level units in the fourplex have both a front entrance and a rear entrance off the parking lot. This property currently grosses $135,648 annually, and with market priced rents has a potential gross revenue of $156,000 annually. Current operating expenses are $22,465.50 and Net Operating Income is $113,182.50. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers. (id:49187)
Property Details
|
MLS® Number
|
X12814648 |
|
Property Type
|
Multi-family |
|
Community Name
|
717 - Cornwall |
|
Parking Space Total
|
8 |
|
Structure
|
Patio(s) |
Building
|
Bathroom Total
|
6 |
|
Bedrooms Above Ground
|
12 |
|
Bedrooms Total
|
12 |
|
Appliances
|
Water Heater |
|
Basement Type
|
None |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Vinyl Siding, Brick |
|
Foundation Type
|
Concrete, Slab |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
5000 - 100000 Sqft |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
187 Ft ,10 In |
|
Size Frontage
|
110 Ft ,4 In |
|
Size Irregular
|
110.4 X 187.9 Ft |
|
Size Total Text
|
110.4 X 187.9 Ft |
Utilities
|
Cable
|
Installed |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/29392461/1107-gretchen-court-cornwall-717-cornwall