272 Pitt St, Cornwall, K6J 3P6

Listing Overview

Description

CASH FLOW KING: 6-UNIT CORNERSTONE ASSET. Secure a turnkey investment at 272 Pitt St, a prime mixed-use corner asset generating a proven Net Operating Income of $104,040. This fully renovated portfolio features 4 residential apartments and 2 stable commercial anchors, all benefiting from over $450,000 in recent capital improvements. Major upgrades ensure zero deferred maintenance for the next owner, including upgraded breaker panels (separately metered), new PEX plumbing throughout, brand new hot water tanks, and a 100% electric heating system that eliminates landlord gas bills. Interiors impress with new vinyl plank flooring, modern LED lighting, and completely rebuilt kitchens and baths featuring stainless steel appliances and quartz countertops. With a solid 6.7% Cap Rate and VTB financing available for qualified buyers subject to discussions, this is a rare opportunity to buy a paycheck, not a project. Clean financials available-book your private tour today.

68 days

On Market

Investment

Property Type

$10,901 / Year

Est. Taxes

Apartment

Style

Apts-6 To 12 Units

Business Type

-

Franchise