1316 CUMBERLAND STREET, Cornwall, Ontario K6J 4K7

1316 CUMBERLAND STREET, Cornwall, Ontario K6J 4K7
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$499,900.00

  • 6 bedrooms
  • 4 bathrooms

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. (id:25417)

  • Listing ID: X13769134
  • Property Type: Multi-family
Property
Lot Size: 50 by 100 FT
Parking: No Garage
4 Spaces
Building
Type: Multi-family Fourplex
HVAC: Baseboard Heaters, Fireplace and Forced Air
Electric, Natural Gas
Exterior: Vinyl Siding
Basement: N/A (Unfinished)
Utilities: Sanitary Sewer
Location
City: Cornwall
Province: Ontario

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1316 CUMBERLAND STREET, Cornwall, Ontario K6J 4K7
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This property, located on Cumberland Street in Cornwall Ontario, was published on September 10th, 2026. See if this multi-family home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in Cornwall convenient.

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