Stormont, Dundas And Glengarry, ON K6J 1H1,414 Second ST W
Stormont, Dundas And Glengarry, ON K6J 1H1,414 Second ST W
Stormont, Dundas And Glengarry, ON K6J 1H1,414 Second ST W
7
$320,000
$335,000
4.5%
Est.Price: ?

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7 BD
6 BA

414 Second ST W Stormont, Dundas And Glengarry, ON K6J 1H1

Est. payment /mo
SOLD DATE : 12/03/2024

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Key Details

Sold Price $320,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID X11441383

Sold Date 12/03/24

Style 2-Storey

Bedrooms 7

Annual Tax Amount $2,635

Tax Year 2024

Property Description

This 4-plex offers strong income potential with room for improvement, making it an ideal project for investors. The property features a large 3-bedroom, 3-bathroom unit ($987.50/month), a 2-bedroom, 1-bathroom unit ($680/month), and two 1-bedroom, 1-bathroom units ($602 and $542/month). Each unit has its own hydro meter and hot water tank, with tenants responsible for paying heat and hydro. A brand-new natural gas furnace was installed in 2024, adding value to the property. While the building requires some maintenance, it has excellent potential for increased rental income and long-term appreciation. Parking is conveniently available at the back of the property. This is a great opportunity for hands-on investors to add value and maximize returns.

Location

Province ON

County Stormont, Dundas And Glengarry

Community 717 - Cornwall

Area Stormont, Dundas And Glengarry

Zoning comm11

Region 717 - Cornwall

City Region 717 - Cornwall

Rooms

Family Room Yes

Basement Unfinished

Kitchen 4

Interior

Interior Features Water Heater, Separate Hydro Meter

Cooling None

Exterior

Parking Features Available

Garage Spaces 4.0

Pool None

Roof Type Shingles

Lot Frontage 67.33

Lot Depth 168.2

Total Parking Spaces 4

Building

Foundation Poured Concrete, Stone

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Listed by RE/MAX AFFILIATES MARQUIS LTD.

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agent

Clarke Shin

Agent

+1(416) 458-4843

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