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341 New Street Edwardsburgh/cardinal, Ontario K0E 1E0

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6 Bedroom 4 Bathroom 3000 - 3500 sqft
Bungalow None Baseboard Heaters

$599,900

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:59142)

Property Details

MLS® Number X13770134
Property Type Multi-family
Community Name 806 - Town of Cardinal
Features Irregular Lot Size
Parking Space Total 6

Building

Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Total 6
Amenities Separate Electricity Meters
Appliances Stove, Refrigerator
Architectural Style Bungalow
Basement Type None
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Slab
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 1
Size Interior 3000 - 3500 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Size Depth 113 Ft
Size Frontage 105 Ft
Size Irregular 105 X 113 Ft
Size Total Text 105 X 113 Ft

https://www.realtor.ca/real-estate/30263776/341-new-street-edwardsburghcardinal-806-town-of-cardinal

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