341 East New Street, Edwardsburgh/Cardinal, Ontario K0E1E0

Listing courtesy of REMAX BOARDWALK REALTY.

$599,900
6
BD
4
BA

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List Price
$599,900
MLS®
X13770134
Days on Market
0
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
6
Bathrooms
4
Lot Size Dimensions
105 x 113 FT
Subdivision
806 - Town of Cardinal

Property Description

Fully tenanted four-unit property offering strong income potential within walking distance of the post office, local shops and the waterfront Cardinal Legion. Units 1 and 2 each feature two bedrooms and one bathroom, while Units 3 and 4 each offer one bedroom and one bathroom. Each unit has separately metered hydro, in-unit laundry and its own fenced backyard, providing tenants with added convenience and privacy. An on-site shed provides dedicated storage space for each unit, and there is ample parking for residents. With a practical layout, strong rental demand and a cap rate of over 9%, this property is an excellent opportunity for investors looking to expand their portfolio. 24-hour irrevocable period is required on all offers. Minimum of 24 hours' notice is required for all showings. (id:5764)

Additional Information

Basement Features
None
Basement
Yes
Subdivision
806 - Town of Cardinal
Parking Spaces
6
Cooling
None
Country
Canada
Heating
Baseboard heaters, Electric
Lot Features
Irregular lot size
Architectural Style
Bungalow
Stories
1

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Calculator source: Real Geeks