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120-122 Sydney Street Cornwall, Ontario K6H 3H2

Central Air Conditioning Forced Air

$1,200,000

BEAUTIFULLY RENOVATED UNIQUE HISTORIC BRICK BUILDING IN DOWNTOWN LOCATION! Check out this super clean building which has been converted to an easy to maintain 5 Plex residential apartment building. This fully renovated/ fully occupied property has an annual net cash flow of over 50k and the listed price is based on the a 4.5% capitalization rate return based on the asking prices and I/E provided by the seller. Each apartment is finished with hardwood flooring & beautifully updated contemporary kitchens + bathrooms. The units are all very spacious with two bedrooms, a 4pc bath, an en-suite laundry & features such as central self-controlled AC, individual decks, private/paved on-site parking + stainless steel appliances of which are included with all leases. Each unit has its own services with separate meters + the tenants pay their own utilities. (id:37742)

Property Details

MLS® Number 1269831
Property Type Multi-family
Neigbourhood Downtown Cornwall
Parking Space Total 6

Building

Cooling Type Central Air Conditioning
Exterior Finish Brick
Fireplace Present No
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 109 Ft
Size Frontage 67 Ft ,10 In
Size Irregular 67.87 Ft X 108.97 Ft (irregular Lot)
Size Total Text 67.87 Ft X 108.97 Ft (irregular Lot)
Zoning Description Cbd

https://www.realtor.ca/real-estate/23810329/120-122-sydney-street-cornwall-downtown-cornwall

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