This large, solid-brick, up & down duplex building is located in the core of downtown, two blocks from Pitt St. shops and restaurants. POSITIVE CASH-FLOW is ideal for buy & hold investors. Bonus, there's loads of potential to build equity and renovate the units in the future. With original hardwood floors, character trim, moldings and built-in, this would be a fun project to restore. There's potential for 4 parking spaces at the rear and a circular municipal road around the building for pickup and drop-off convenience. Each apartment has 2 bedrooms. Same layout, stacked. Each unit is separately serviced. Gas furnace in main unit. Rents are $900/mth+ and $1015/mth+. Tenants pay their own utility. This versatile purchase is a great investment. 24hr irrevocable. Call now! (id:51013)
| MLS® Number | 1386364 |
| Property Type | Multi-family |
| Neigbourhood | Downtown |
| Amenities Near By | Public Transit, Shopping, Water Nearby |
| Communication Type | Internet Access |
| Easement | Unknown |
| Parking Space Total | 4 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Flooring Type | Mixed Flooring, Hardwood |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 2 |
| Type | Duplex |
| Utility Water | Municipal Water |
| Gravel |
| Acreage | No |
| Land Amenities | Public Transit, Shopping, Water Nearby |
| Sewer | Municipal Sewage System |
| Size Depth | 103 Ft |
| Size Frontage | 30 Ft |
| Size Irregular | 30 Ft X 103 Ft |
| Size Total Text | 30 Ft X 103 Ft |
| Zoning Description | Res20 |
https://www.realtor.ca/real-estate/26767746/229-first-street-w-cornwall-downtown
Contact us for more information
Katie Bellsmith
Salesperson
(613) 938-8100
(613) 938-3295
www.remaxmarquis.ca
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