101 Louisa Street Cornwall, Ontario K6H 4P7
$449,000
Solid Revenue Property! Completely renovated student residence with strong revenue stream with monthly rental of $4,600, all inclusive. Owner pays for electricity, which includes baseboard heating. Both units are fully rented with 9 students, each with their own lease. Most leases are yearly and most students renew for a second year of their 2-year College program. Yearly leases expire in August or December. (id:20872)
Property Details
| MLS® Number | 40327897 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Communication Type | Internet Access |
| Community Features | Community Centre, School Bus |
| Equipment Type | None |
| Features | Park/reserve, Conservation/green Belt |
| Rental Equipment Type | None |
| Structure | Porch |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 8 |
| Appliances | Microwave Built-in |
| Basement Development | Unfinished |
| Basement Type | Crawl Space (unfinished) |
| Constructed Date | 1940 |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding |
| Fire Protection | Smoke Detectors |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 3500 |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Size Depth | 50 Ft |
| Size Frontage | 65 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Res30 |
Utilities
| Cable | Available |
| Electricity | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/24962175/101-louisa-street-cornwall
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October 12 2022 05:11:08
London and St. Thomas Association of REALTORS®
Point59 Realty, Brokerage