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Listed by Assist-2-Sell And Buyers Realty.
625 MONTREAL Road is a Triplex and is currently for Sale @ $799,900. Taxes in 2014 were $5,200.00.
More homes for sale under 800k in Cornwall
Attention Investors! Newly converted legal Tri-Plex being sold vacant! Pick your tenants! Set your own rents & no rent control! Fully Renovated! Solid building with original construction 2006! Walking distance to St. The home on 625 MONTREAL Road has 0 bedrooms, 0 bathrooms, and is located on a 108.94 x 43.12 ft lot in the community of 717 - Cornwall . Lawrence College. 3 units each with 2 bedrooms, kitchen, washer & dryer, & dishwasher hook ups. Building is turn key! Roof 5+/- years! Electrical updates & plumbing updates! Conversion 2024, 3 meters, 3 hot water heaters & all units pay own utilities. Exterior freshly painted. Final stages of construction underway & will be completed prior to closing, units will be completed to same standard & material as the current completed unit. Property Taxes & Water taxes to be determine by MPAC due to conversion from Commercial to Residential. Don't miss adding this property to your portfolio. Cash flow is an estimate of current market rents. Buyer to confirm taxes & water. Estimated rental income creates a cap rate of 5.6%. 24 hours on all offers as per form 244. Seller is Broker, Flooring: Laminate, Flooring: Other (See Remarks)
The address 625 MONTREAL Road was listed for sale (MLS# X9521833) on Saturday, October 05, 2024.