225 Louisa Street, Cornwall, Ontario

$764,900

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11

Beds

6

Baths

About 225 Louisa Street

Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers. (id:36535)

Features of 225 Louisa Street

Listing # X13192728
Price $764,900
Bedrooms 11
Bathrooms 6.00
Acres 0.00
Type Multi-family

Community Information

Address 225 Louisa Street
Subdivision 717 - Cornwall
City Cornwall
Province Ontario
Postal Code K6H4P9

Amenities

Parking Spaces 4
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Heating Electric, Natural gas Baseboard heaters, Forced air
Cooling None
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Full (Partially finished)
Basement Development Partially finished

Exterior

Exterior Wood
Lot Description 50 x 90 FT
Foundation Concrete

Listing Details

OfficeCourtesy Of RE/MAX AFFILIATES MARQUIS LTD.

Listing Map