CAONCornwall2 Baldwin Ave
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2 Baldwin Ave, Cornwall, ON

Real Estate

Sold

$--,---,---
$599,900

640

MLS® X12437833

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size -
Garage No
Taxes $2,044
Lot Size 
Approx. Age 
MLS® Number X12437833

Property Address: 2 Baldwin Ave, Cornwall, ON, K6H4H6

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® NumberX12437833
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementUnfinished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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2 Baldwin Ave, Cornwall, ON

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