216-218-218A Bedford Street, Cornwall, ON K6J 4C2

$399,000
5
BD
3
BA
2,500
SqFt

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List Price
$399,000
MLS#
X14156444
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
2-Storey
Bedrooms
5
Bathrooms
3
Living Area
2500-3000
Province
ON
Municipality
Cornwall
Area
Stormont, Dundas and Glengarry
Neighborhood
717 - Cornwall
Subdivision
Second Street West

Property Description

An exciting opportunity for investors or buyers looking to offset their mortgage expenses! Centrally located in a desirable area, this triplex features a spacious two-storey main unit complemented by two one-bedroom rental units with long-term tenants.The main unit offers three generous bedrooms upstairs, with a kitchen, dining room and living room on the main floor. Its spacious layout makes it an appealing option for buyers considering living in one unit while collecting rental income from the other two. .Numerous improvements add to this property's appeal. Roof materials have been redone within the past 10 years, including the flat membrane roof and the re-shingled sections. The large front verandah was completely rebuilt in 2024. Additional updates include tenant entrance steps, rebuilt wooden steps from the driveway, soffits, completed parging and a widened driveway with an additional parking space and refreshed gravel. Attic insulation was increased by 18 inches, and the chimney was removed and capped.The main unit also features an updated tub surround and toilet. All three hot water tanks are owned, with the main unit's tank replaced approximately three years ago and the other two approximately nine years ago. All units pay their own utilities. Upstairs rent 492.10/mth downstair unit $590.93/mth. Space, rental income and valuable improvements-explore the possibilities this centrally located triplex has to offer! Call today and book your private viewing

Additional Information

Taxes
$3,247
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Kitchens
3
Exterior
Aluminum Siding
Garage Type
None
Pool
None
Parking Spaces
5

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Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD..