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1107 Gretchen Court Cornwall, Ontario K6H 6T2

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

No Garage

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

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