341 New Street E, Edwardsburgh/Cardinal, ON K0E 1E0
- $599,900
- 6
- BD
- 4
- BA
- 3,000
- SqFt
- List Price
- $599,900
- MLS#
- X13770134
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Fourplex
- Style
- Bungalow
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 3000-3500
- Province
- ON
- Municipality
- Edwardsburgh/Cardinal
- Area
- Leeds and Grenville
- Neighborhood
- 806 - Town of Cardinal
- Subdivision
- Bridge St And Dundas
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.
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Additional Information
- Taxes
- $3,000
- Heat Type
- Baseboard
- Heat Source
- Electric
- Air Conditioning
- None
- Kitchens
- 4
- Exterior
- Vinyl Siding
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 6
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Listing courtesy of REMAX BOARDWALK REALTY.