1316 Cumberland Street, Cornwall, ON K6J 4K7
Cornwall, ON, K6J 4K7 · 717 - Cornwall
About this property
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.
Features & Amenities
- Basement: Unfinished
- Garage: None
- Cooling: None
- Heat Type: Baseboard
- Heat Source: Electric
- Style: 2-Storey
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | 2-Storey |
| Bedrooms | 6 |
| Bathrooms | 4 |
| Basement | Unfinished |
| Garage | None |
| Parking Spaces | 4 |
| Heat Type | Baseboard |
| Heat Source | Electric |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $3,169 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Other
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Vinyl Siding
- Foundation Details
- Concrete
- Roof
- Metal
- Basement
- Unfinished
Heating & Cooling
- Heat Type
- Baseboard
- Heat Source
- Electric
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 4
- Parking Total
- 4.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 100.00
- Lot Width
- 50.00
Financial & Tax
- Tax Annual Amount
- $3,169
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 13
- Kitchens Above Grade
- 4
- Kitchens Total
- 4
- Bedrooms Above Grade
- 6
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Stormont, Dundas and Glengarry
- Cross Street
- Cumberland and Thirteenth
- Directions
- Just north of Thirteenth street on Cumberland.
- Special Designation
- Unknown
- Showing Requirements
- Go Direct
Location
1316 Cumberland Street, Cornwall, ON K6J 4K7, Cornwall, ON, K6J 4K7