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$ 549,900
Est. payment /mo
Active
341 NEW STREET Edwardsburgh/cardinal, ON K0E1E0
6 Beds
4 Baths
700 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $785
Subdivision 806 - Town Of Cardinal
MLS® Listing ID X12576108
Style Bungalow
Bedrooms 6
Source Ottawa Real Estate Board
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling None
Exterior
Parking Features No
Fence Fenced yard
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 1
Sewer Sanitary sewer
Architectural Style Bungalow
Listed by REAL BROKER ONTARIO LTD.
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