$499,900 Sale

Listed 32 days ago

1316 CUMBERLAND STREET

MLS® x13769134 Fourplex

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Beds · 6

Baths · 4.0

Parking · 4

Sqft · 1500 - 2000

Est. mortgage

$2,111/mo

Key Facts

Key facts for 1316 CUMBERLAND STREET

Property Type

Apartment

Parking

Garage: No, 4 parking

MLS #

X13769134

Size

1500 - 2000 sqft

Basement

Unfinished, N/A (Unfinished)

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

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, e...xpenses 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. (id:10452)

Full Property Details

Interior

Bedrooms

Washrooms

4.0

Square Footage

1500 - 2000 sqft

Basement

Unfinished, N/A (Unfinished)

Heating Source

Electric, Natural gas

Heating Type

Baseboard heaters, Forced air

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

4.0

Square Footage

1500 - 2000 sqft

Basement

Unfinished, N/A (Unfinished)

Heating Source

Electric, Natural gas

Heating Type

Baseboard heaters, Forced air

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Exterior

Acreage

50 x 100 FT

Parking Spaces

Garage Spaces Y/N

Acreage

50 x 100 FT

Parking Spaces

Garage Spaces Y/N

Building Description

Home Type

Apartment

Subtype

Fourplex

Exterior

Vinyl siding

Sewers

Sanitary sewer

Water Supply

Municipal water

Home Type

Apartment

Subtype

Fourplex

Exterior

Vinyl siding

Sewers

Sanitary sewer

Water Supply

Municipal water

Community

Cornwall

Area Code

Cornwall

Community

Cornwall

Area Code

Cornwall

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Alexandre Seguin

Email: [email protected] Cell: 613-362-2767