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341 NEW STREET

Edwardsburgh/Cardinal, Ontario K0E1E0

$549,900 for sale



MLS®:
X12576108
Contract Days:
3
Community:
Ownership:
Property Type:
CM Fourplex
Total Size:
99.9 x 113.3 FT|under 1/2 acre
Built Date:
Parking:
6
Bedrooms:
6+
Bathrooms:
4
Interior Features

Construction Style:
Total Stories:
1
Total Bedrooms:
6
Bedrooms Above Ground:
6
Bedrooms Below Ground:
Total Bathrooms:
4
Whole Bathrooms:
4
Half Bathrooms:
Basement Type:
None
Basement Development:
Appliances:
Water Heater
Exterior Features

Built Date:
Exterior Finish:
Vinyl siding
Foundation Type:
Slab
Utitilies

Heating Type:
Baseboard heaters
Heating Fuel:
Electric
Cooling Type:
None
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
Type
Level
Size

Note

Discover a rare and remarkable investment opportunity with this fully tenanted, well-maintained solid 4-plex, ideally located just two blocks from the scenic St. Lawrence River in the charming community of Cardinal.This property delivers impressive cash flow and features four well-appointed units-two generous 2-bedroom suites and two inviting 1-bedroom units. Each tenant enjoys the convenience of separately metered hydro, in-unit laundry, and their own fenced backyard, offering a blend of comfort and privacy rarely found in multi-unit buildings.Adding even more value, the property includes four individual storage units, perfect for seasonal items or additional tenant needs. There's also ample parking for all residents.With its strong rental demand, thoughtful layout, and prime location, this 4-plex stands out as an investment with long-term upside. Whether you're expanding your portfolio or stepping into multifamily ownership, this property checks all the boxes for a smart, reliable, and high-yield asset with over 9% cap rate. (id:19004)

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