1101 Gretchen Court
Interior view
Interior view
18
New
Fourplex

1101 Gretchen Court

Cornwall, ON, K6H 6T2

Residential Freehold
Area
3500-5000 sq.ft
Bed
-
Bedrooms
Bath
-
Bathrooms
Parking
-
Single Garage

Asking Price

$1,600,000

Property Description

Original Remarks

Welcome to 1101 Gretchen Court, a 2015 quality built and well located fourplex that offers spacious units, stunning curb appeal, and all the conveniences that appeal to a wide spectrum of tenants. Each of the 4 units in this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units host west facing balconies while the main level units have both a front entrance and a rear entrance off the parking lot. This property currently grosses $73,692 annually, and with market priced rents has a potential gross revenue of $103,2000 annually. Current operating expenses are $19,461 and Net Operating Income is $54,231. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers.

PROPERTY HISTORY

1101 Gretchen Court

Type:Fourplex
Style:2-Storey
Size Range:3500-5000
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X12842682
Community:717 - Cornwall
Days on Market:-
Year Built:-
Age range:-
Basement:None
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$11,650/yr (2026)
Municipality:Cornwall
Lot Size:-

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