107, 107a, 107b - 107 Prince Arthur Street Cornwall, Ontario K6H 4N6
$275,000
Triplex Investment Opportunity in Downtown Cornwall. Welcome to 107, 107A & 107B Prince Arthur Street, an income generating triplex located in downtown Cornwall. This property features three self-contained units, including two - 2 bedroom units and one - 1 bedroom unit, all currently fully tenanted, providing immediate rental income. The property generates $2,850 per month in rental income, with tenants responsible for their own utilities (gas & electric bills), helping to keep operating costs lower. Two of the apartments each have a bonus room on the second level-perfect for use as a home office, second living room, playroom, or potential conversion into an additional bedroom. Conveniently located just one block from the waterfront trail, this property offers easy access to scenic walking paths and outdoor recreation, adding to its long-term appeal for tenants. An excellent opportunity for investors looking to expand their portfolio with a centrally located, income-producing property. (id:65396)
Property Details
| MLS® Number | X12956400 |
| Property Type | Multi-family |
| Community Name | 717 - Cornwall |
| Features | Irregular Lot Size |
| Parking Space Total | 4 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Basement Type | Crawl Space |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Stone |
| Heating Type | Other |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 90 Ft |
| Size Frontage | 36 Ft |
| Size Irregular | 36 X 90 Ft |
| Size Total Text | 36 X 90 Ft |
| Zoning Description | Res30 |
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