Fourplex · For sale
705 Walton Street, Cornwall
$698,000
Listing brokerage: RE/MAX AFFILIATES MARQUIS LTD. · MLS® X14124732
- Listing brokerage
- RE/MAX AFFILIATES MARQUIS LTD.
- Type
- Fourplex
- Deal
- For sale
- Category
- Residential · Multi-unit homes
- Bedrooms
- 9
- Bathrooms
- 4
- Size
- 2500-3000 sq ft
- Lot
- 59 x 100 ft
- Area
- 717 - Cornwall
- MLS® number
- X14124732
Description
An exceptional investment opportunity featuring four rental units with a desirable mix of layouts: Unit 705A offers 2 bedrooms and 1 bathroom, Unit 705B features 4 bedrooms and 1 bathroom, Unit 705C offers 2 bedrooms and 1 bathroom, and Unit 705D includes 1 bedroom and 1 bathroom. Generating $75,359.28 in gross annual rental income, this property offers multiple income streams and an attractive cap rate of approximately 9.30%. Additional highlights include a large yard, double detached garage, and ample parking. With strong rental income and desirable property features, this is an excellent opportunity to expand your investment portfolio.
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