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$ 1,600,000
Est. payment | /mo
8 Beds
8 Baths
$ 1,600,000
Est. payment | /mo
8 Beds
8 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 717 - Cornwall
MLS Listing ID X12842682
Style 2-Storey
Bedrooms 8
Annual Tax Amount $11,650
Tax Year 2026
Property Sub-Type Fourplex
Property Description
Welcome to 1101 Gretchen Court, a 2015 quality built and well located fourplex that offers spacious units, stunning curb appeal, and all the conveniences that appeal to a wide spectrum of tenants. Each of the 4 units in this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units host west facing balconies while the main level units have both a front entrance and a rear entrance off the parking lot. This property currently grosses $73,692 annually, and with market priced rents has a potential gross revenue of $103,2000 annually. Current operating expenses are $19,461 and Net Operating Income is $54,231. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers.
Location
Province ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Rooms
Family Room No
Basement None
Kitchen 4
Interior
Interior Features Water Heater
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 95.47
Lot Depth 169.13
Total Parking Spaces 6
Building
Foundation Concrete, Slab
Others
ParcelsYN No
Listed by RE/MAX AFFILIATES MARQUIS LTD.
Nearby Locations
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