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414 Second St W

Second St W, Downtown Cornwall, Cornwall, ON, K6J 1H1

7
Beds
6
Baths
$335,000
List Price
Details
Photos
7
Comparables
History
414 Second St W, Cornwall, ON - 1 of 3
414 Second St W, Cornwall, ON - 2 of 3
414 Second St W, Cornwall, ON - 3 of 3
New
2 days on market

Quick Summary

  • Substantial income potential with room for improvement
  • Ideal investment opportunity for hands-on investors
  • Newly installed natural gas furnace adds property value
  • Convenient back-of-property parking available
  • Opportunity to add value and maximize long-term returns
  • Spacious 3-bedroom, 3-bathroom unit with $987.50/month rent
  • Comfortable 2-bedroom, 1-bathroom unit with $680/month rent
  • Efficient 1-bedroom, 1-bathroom units with $602 and $542/month rent

This 4-plex offers strong income potential with room for improvement, making it an ideal project for investors. The property features a large 3-bedroom, 3-bathroom unit ($987.50/month), a 2-bedroom, 1-bathroom unit ($680/month), and two 1-bedroom, 1-bathroom units ($602 and $542/month). Each unit has its own hydro meter and hot water... Show More

This 4-plex offers strong income potential with room for improvement, making it an ideal project for investors. The property features a large 3-bedroom, 3-bathroom unit ($987.50/month), a 2-bedroom, 1-bathroom unit ($680/month), and two 1-bedroom, 1-bathroom units ($602 and $542/month). Each unit has its own hydro meter and hot water tank, with tenants responsible for paying heat and hydro. A brand-new natural gas furnace was installed in 2024, adding value to the property. While the building requires some maintenance, it has excellent potential for increased rental income and long-term appreciation. Parking is conveniently available at the back of the property. This is a great opportunity for hands-on investors to add value and maximize returns. (id:54626)

Property Details

Size

Sq. Ft. Not Available
across 2 floors
7 Beds
7 Above Grade
6 Baths
6 Full

Parking

4 Parking Spaces
-

Lot

Size
807′0″ * 2017′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Aluminum siding
Foundation
Poured Concrete, Stone
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Source

Listing Brokerage

MLS® Listing
X11441383
Last Updated
November 28, 2024
Brokerage
RE/MAX AFFILIATES MARQUIS LTD.
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Call us 800-591-0566

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