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For Sale
$764,900
MLS® X13192728
225 LOUISA STREET
Cornwall, Ontario, K6H4P9
- Beds / Baths
- 11 bed · 6 bath
- Property type
- Multi-family
- Building
- Multi-family
- Lot size
- 50 x 90 FT
- Parking
- 4
Property facts
- Beds / Baths
- 11 bed · 6 bath
- Property type
- Multi-family
- Building
- Multi-family
- Transaction
- For Sale
- Lot size
- 50 x 90 FT
- Parking
- 4
About this property
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. (id:53361)