FOR SALE
$449,900
Expired
$0
18531 COUNTY RD 2 Rd, South Glengarry
18531 COUNTY RD 2 Rd
18531 COUNTY RD 2 Rd
18531 COUNTY RD 2 Rd
18531 COUNTY RD 2 Rd
18531 COUNTY RD 2 Rd
18531 COUNTY RD 2 Rd
18531 COUNTY RD 2 Rd
18531 COUNTY RD 2 Rd
18531 COUNTY RD 2 Rd
0
BEDROOMS
0
BATHROOMS
0
KITCHENS
0
ROOMS
X10222617
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-05-07 2019-07-07 61 $449,900 - Expired
Property Description
Attention Real Estate Investors! Very Well Maintained 4-Plex With Long Term Tenants, Located In A Peaceful Country Setting, Less Than 10 Minutes To The City Of Cornwall And Easy Commute To Montreal. This Income Property Consists Of The Following; Apartment#1 Is A 1 Bedroom Rented At $815.00/Month H&H Included (Occupied 1.5 Yrs) Apartment#2 Is A 2 Bedroom Rented At $815.00/Month H&H Included (Occupied 2+Yrs) Apartment#3 Is A 2 Bedroom (Owner Occupied) Apartment#4 Is A 3 Bedroom Rented At $788.00.00/Month H&H Not Included (Occupied 4Yrs) Many Upgrades Have Been Done, Such As Roof Replaced In 2017, New Drilled Well In 2018, New Approved Septic System Installed 2015, Furnace Replaced In 2013. One Hot Water Tank Is Rented And The Other Is Owned. Good Cap Rate Of 7.5% With Approx Cash-On-Cash Return Of 16.34% For Year 1, Following Year Will Improve Over Time. Calculations Are Based On 20% Down With Mtg Interest Of 3.49% On A Term Of 30 Yrs., Flooring: Mixed
Property Details
Property Type
Fourplex
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