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FOURPLEXACTIVEMLS® X13769134
1316 Cumberland Street, Cornwall, ON K6J 4K7
Cornwall, ON, K6J 4K7
BEDROOMS
6
BATHROOMS
4
LIVING AREA
1500-2000 sqft
KITCHENS
4
PARKING
4
HEATING
Electric
About this residence
1316 Cumberland Street is a strong income producing fourplex bringing in approximately $53,556 in annual rental income with an estimated NOI of $38,488. At the current asking price, that works out to an impressive 7.7% cap rate and approximately 12% cash-on-cash ROI (Approx figures. Actual rates, expenses and returns may vary) Add in a metal roof and a ton of parking in the rear - a huge advantage for a multi-unit property, and you've got an investment built for strong cash flow today with long-term potential. Four units. Great income. High cash flow. This one deserves a spot in your portfolio. Reach out now for income/expense breakdown.
Property details
- Property type
- Fourplex
- Total rooms
- 13
- Garage
- None
- Parking spaces
- 4
- Annual taxes
- $3,169 (2026)
- Possession
- Flexible
- Directions
- Just north of Thirteenth street on Cumberland.
Location
COMPARABLE IN CORNWALL
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