$599,900 | Cornwall Cornwall Fourplex for Sale at 2 Baldwin Avenue Cornwall

Welcome to this positive cash-flowing fourplex ideally located within close proximity to schools, St. Lawrence College, and a variety of shopping options, making it a highly desirable rental location. This well-maintained property boasts west-facing windows that were all updated in 2022, allowing for plenty of natural light and improved energy efficiency. Each unit is equipped with brand new gas space heaters, installed in 2022, providing reliable and cost-effective heating for tenants.The four units are currently rented at competitive market rates, with rents as follows: Unit 2 at $1250.50 plus utilities, Unit 4 at $1,375 plus utilities, Unit 6 at $1,300 plus utilities, and Unit 8 at $1,225 plus utilities. There is no vacancy and tenants responsible for utilities, this property offers excellent operating efficiency. The net operating income (NOI) for this investment is approximately $52,352.46, making it a highly attractive opportunity for investors seeking immediate income and long-term growth potential. 24 Hour notice for showings, 48 Hour irrevocable on all offers as per form 244. (id:6289)

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