1316 Cumberland Street
717 - Cornwall, Cornwall, K6J 4K7
FOR SALE
$499,900
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6
BEDROOMS 4
BATHROOMS 4
KITCHENS 13
ROOMS X13769134
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Property Description
1316 Cumberland Street is a strong income producing fourplex bringing in approximately $53,556 in annual rental income with an estimated NOI of $38,488. At the current asking price, that works out to an impressive 7.7% cap rate and approximately 12% cash-on-cash ROI (Approx figures. Actual rates, expenses and returns may vary) Add in a metal roof and a ton of parking in the rear - a huge advantage for a multi-unit property, and you've got an investment built for strong cash flow today with long-term potential. Four units. Great income. High cash flow. This one deserves a spot in your portfolio. Reach out now for income/expense breakdown.
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Property Features
Other
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Property Details
Address
1316 Cumberland Street
Community
City
Postal Code
K6J 4K7
Property Type
Fourplex, Fourplex
Lot Size
50' x 100'
Taxes
$3,169 (2026
Basement
Unfinished
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Re/Max Affiliates Marquis Ltd.
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