Rare opportunity to acquire a fully tenanted 6 unit income property offering strong cash flow and excellent long term investment potential.


Property

Website:https://www.nestseekers.com/5589890
Address:
Cornwall K6H 4P9
Canada
Ownership: For Sale
Type: Unknown
Bedrooms: 11 BR
Bathrooms: 6

Financials

Price:C764,900
($538,800)
(€473,000)
Annual Taxes:C4,623

Description

Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers.

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: