$1,195,000

320 Gleeson Avenue, Cornwall, Ontario

10,000

Square feet

X12457460

MLS® Number

For Sale

Listing Type

$1,195,000 | Cornwall Cornwall Multi-Family for Sale at 320 Gleeson Avenue Cornwall

9 PLEX FOR SALE IN THE GROWING CORNWALL RENTAL MARKET!!! NINE UNIT APARTMENT BUILDING, UPDATED AND SPACIOUS UNITS (APPROXIMATELY 1000 SQUARE FEET) IN A NICE AREA OF THE CITY. GOOD PARKING AND EXTRA INCOME FROM COIN OPERATED LAUNDRY ROOM. THE BUILDING SHOWS VERY WELL WITH LOTS OF PARKING IN FRONT OF THE BUILDING. MINIMUM 24 HOUR NOTICE FOR SHOWINGS.GROSS AND NET INCOME IS BASED ON FULLY OCCUPANCY Total of 8-two bedroom units plus 1-one bedroom unit. Upgrades done last 2 years:- Full New Roof- Renovated Unit 2,4,6,8- Unit 6 Extensive Renovation- Unit 1 Bathroom Overhaul and full Renovation of the unit currently being done. Painting and flooring updated in some units too- Newly Painted common areas in full building- Upgraded all electric panels from fuses to break panels - Building Sewer Lateral Replacement - Brant New.Outdoor shed Removal.Front entrance is being repainted.Potential to generate higher NOI with some units way below market rent levels! One of the Seller is Registered Real Estate Salesperson. (id:6289)

Financial and Mortgage

List Price $1,195,000
Original Price $1,195,000
Monthly Payment $4,983/month
Get Prequalified
Price per square foot $120

320 Gleeson Avenue Details

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Construction and Lot

Square Footage 10,000
Bathrooms 0.00
Has Basement No
Heating Other
Features Irregular lot size

Exterior of 320 Gleeson Avenue

Type Multi-family
Features Irregular lot size

Interior

Fireplace No

Measurements

Square Footage 10,000

Cornwall Information

About Cornwall in Cornwall

Address 320 Gleeson Avenue
Subdivision Cornwall
City Cornwall
Province Ontario
Postal Code K6J1E3
Features Irregular lot size
Office/Brokerage EXSELLENCE TEAM REALTY INC.

Cornwall Map, Demographics, Characteristics

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