Description

 Price: $ 434,900.00 MLS^®: X13169918         Location : 306 Marlborough Street N, Cornwall, ON K6H 4A3

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 $3,650 per month in rental income (approximately $43,700 annually) from three occupied units. Based on current operating figures, the property offers an approximate Net Operating Income of $34,000 and an estimated cap rate of 7.8%, 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.

Location Description

Aberdeen Ave

Property Details

• Community: 717 - Cornwall
• Property Type: Tenant/Residential Freehold
• Bedrooms: 7
• Bath: 3
• Garages: None

Building Features

• Foundation Type: Concrete
• Construction Material: Vinyl Siding

Features

• Heating: Forced Air Gas
• Sewer: Sewer ,