341 New Street E, Edwardsburgh/cardinal, Ontario

$599,900

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6

Beds

4

Baths

About 341 New Street E

Fully tenanted four-unit property offering strong income potential within walking distance of the post office, local shops and the waterfront Cardinal Legion. Units 1 and 2 each feature two bedrooms and one bathroom, while Units 3 and 4 each offer one bedroom and one bathroom. Each unit has separately metered hydro, in-unit laundry and its own fenced backyard, providing tenants with added convenience and privacy. An on-site shed provides dedicated storage space for each unit, and there is ample parking for residents. With a practical layout, strong rental demand and a cap rate of over 9%, this property is an excellent opportunity for investors looking to expand their portfolio. 24-hour irrevocable period is required on all offers. Minimum of 24 hours' notice is required for all showings. (id:36535)

Features of 341 New Street E

Listing # X13770134
Price $599,900
Bedrooms 6
Bathrooms 4.00
Acres 0.00
Type Multi-family
Style Bungalow

Community Information

Address 341 New Street E
Subdivision 806 - Town of Cardinal
City Edwardsburgh/cardinal
Province Ontario
Postal Code K0E1E0

Amenities

Amenities Separate Electricity Meters
Features Irregular lot size
Parking Spaces 6
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Refrigerator
Heating Electric Baseboard heaters
Cooling None
Fireplace No
# of Stories 1
Has Basement No
Basement Type None

Exterior

Exterior Vinyl siding
Lot Description 105 x 113 FT
Foundation Slab

Listing Details

OfficeCourtesy Of REMAX BOARDWALK REALTY

Listing Map