Property Address: 645 Gloucester St N, Cornwall, ON, K6H3X7
Average square foot calculated using Size range provided by listing agent.
Description
Unique triplex - two titles - one as duplex (645-645 1/2) and the other as a semi (647). Lot size shown is combined and irregular - the duplex is 40.10 X 84.75 & the semi is 69.18 X 44.19. Taxes, water & insurance are all combined costs. Great rate of return - two longer term tenants. Rents as follows 645 - 2 bdrm $1200, 645 1/2 - 2 bdrm $661.70 & 647 - 2 bdrm $941.65 - all tenants pay their own utilities. There have been some renovations over last couple of years. Gross annual income $33,640 - annual expenses $7,324 NET INCOME $26,316. Great central location with great income.Show Description