408 Fourth Street W Cornwall, Ontario K6J 2S6

None Forced Air, Space Heater


CASH FLOW - INVESTORS WANTED! Net cash flow of more than $17500 - thus a Cap Rate of almost 5.5% 2 X 2 Bedroom Apts - Upper is Heated by a Gas Space Heater - tenant pays $740 plus gas & electric - Lower has a forced air electric furnace - tenant pays electricity - $1150 per month - Both Month to Month with LMR on hand One New Hot Water tank - One Older one and a Brand New Spare ready to go - Roof replaced 2021 Main Unit renovated May\Jun of 2023 ( all pics are main unit during renovation) Upper is same layout.... Basement is partially finished - was a third unit at one time....there is some seepage during bad storms... Parking for 3 cars on a side by side paved pad! Fully fenced Back Yard - Decks both front & rear! DONT MISS THIS ONE ! (id:39544)

Property Details

MLS® Number 1371125
Property Type Multi-family
Neigbourhood Cornwall
Parking Space Total 3


Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1944
Construction Material Wood Frame
Cooling Type None
Exterior Finish Siding
Flooring Type Wall-to-wall Carpet, Laminate, Vinyl
Foundation Type Poured Concrete
Heating Fuel Electric, Natural Gas
Heating Type Forced Air, Space Heater
Stories Total 2
Type Duplex
Utility Water Municipal Water




Acreage No
Current Use Development Residential
Sewer Municipal Sewage System
Size Depth 90 Ft ,10 In
Size Frontage 42 Ft
Size Irregular 42 Ft X 90.8 Ft
Size Total Text 42 Ft X 90.8 Ft
Zoning Description Residential



Contact us for more information

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Rick Parks

(613) 551-2866

Zolo Realty
261 Montreal Rd Unit 310
Ottawa, Ontario K1L 8C7

(613) 707-6328
(416) 981-3248

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