306 MARLBOROUGH STREET N
Cornwall, Ontario, K6H4A3
For Sale | $434,900 | 7 beds | 3 baths
Key facts
- Property type: Multi-family
- Structure: Triplex
- Transaction: For Sale
- Price: $434,900
- Bedrooms: 7
- Bathrooms: 3
- Lot size: 51 x 66 FT
- Listing key: 29800062
Listing overview
Located in the desirable Marlborough neighbourhood, directly across from the Joe St. Denis Football Field, this 7-bedroom triplex presents a compelling opportunity for investors seeking strong income potential. The property is currently generating approximately $3,647.80 per month in rental income (approximately $43,773.60 annually) from three occupied units. Based on current operating figures, the property offers an approximate Net Operating Income of $34,354.60 and an estimated cap rate of approximately 7.9%, making it an attractive addition to an investment portfolio. Positioned in an established residential area with convenient access to schools, parks, and amenities, this income-producing property combines location, rental demand, and solid returns. 24 Hour notice required for all showings. 48 Hour irrevocable on all offers as per Form 244. (id:25314)
Interactive gallery, map, comparables, and calculator tools load automatically.