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$ 599,900
Est. payment /mo
New
341 New ST E Edwardsburgh/cardinal, ON K0E 1E0
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 806 - Town Of Cardinal
MLS Listing ID X13770134
Style Bungalow
Bedrooms 6
Annual Tax Amount $3,000
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Fully tenanted four-unit property offering strong income potential within walking distance of the post office, local shops and the waterfront Cardinal Legion. Units 1 and 2 each feature two bedrooms and one bathroom, while Units 3 and 4 each offer one bedroom and one bathroom. Each unit has separately metered hydro, in-unit laundry and its own fenced backyard, providing tenants with added convenience and privacy. An on-site shed provides dedicated storage space for each unit, and there is ample parking for residents. With a practical layout, strong rental demand and a cap rate of over 9%, this property is an excellent opportunity for investors looking to expand their portfolio. 24-hour irrevocable period is required on all offers. Minimum of 24 hours' notice is required for all showings.
Location
State ON
County Leeds And Grenville
Area Leeds And Grenville
Rooms
Family Room No
Basement None
Kitchen 4
Interior
Interior Features Primary Bedroom - Main Floor, Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Electric
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 105.0
Lot Depth 113.0
Total Parking Spaces 6
Building
Foundation Slab
Others
ParcelsYN No
Listed by REMAX BOARDWALK REALTY