15
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$785,000
Est. payment /mo
1 SqFt
Price Dropped by $14K
107 SEVENTH ST W Cornwall, ON K6J 2Y1
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $785,000
Subdivision 717 - Cornwall
MLS Listing ID X9523859
Annual Tax Amount $3,740
Tax Year 2023
Property Sub-Type Investment
Property Description
Don't miss out on this 6 plex with an excellent gross income of $72062 and a net income of $53118. . The property features 1-3 bdrm unit, 2-2 bdrm units, 1-1 bdrm unit and 2 bachelor apartments. This building is fully rented and very clean. All tenants are paid in full. The building is for sale as the present owners are retiring. The property includes 5 fridges and 5 stoves (unit 1 is tenant owned)and a coin operated washer/dryer in the basement. There is a 2.5 car garage that could be converted to storage for extra rental income. The garage shingles were changed end of April, 2025. The property is adjacent to King George park and close to shopping, schools and bus. 48 hours notice for all showings and 48 hours irrevocable on all offers.
Location
Province ON
County Stormont, Dundas And Glengarry
Community 717 - Cornwall
Area Stormont, Dundas And Glengarry
Interior
Cooling No
Heat Source Electric
Exterior
Utilities Available Unknown
Lot Frontage 44.6
Lot Depth 132.0
Others
Security Features Unknown
Listed by RE/MAX AFFILIATES MARQUIS LTD.