341 New Street E, Edwardsburgh/Cardinal, ON

$599,900

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6

Beds

4

Baths

3,000

Square feet

About 341 New Street E

Fully tenanted four-unit property offering strong income potential within walking distance of the post office, local shops and the waterfront Cardinal Legion. Units 1 and 2 each feature two bedrooms and one bathroom, while Units 3 and 4 each offer one bedroom and one bathroom. Each unit has separately metered hydro, in-unit laundry and its own fenced backyard, providing tenants with added convenience and privacy. An on-site shed provides dedicated storage space for each unit, and there is ample parking for residents. With a practical layout, strong rental demand and a cap rate of over 9%, this property is an excellent opportunity for investors looking to expand their portfolio. 24-hour irrevocable period is required on all offers. Minimum of 24 hours' notice is required for all showings.

Features of 341 New Street E

MLS® # X13770134
Price $599,900
Bedrooms 6
Bathrooms 4.00
Square Footage 3000-3500
Type Residential Freehold
Sub-Type Fourplex
Style Bungalow
Status Active

Community Information

Address 341 New Street E
Area Leeds and Grenville
Subdivision 806 - Town of Cardinal
City Edwardsburgh/Cardinal
Province ON
Postal Code K0E 1E0

Amenities

Parking Spaces 6
Garages None
Is Waterfront No
Pool None

Interior

Heating Baseboard
Cooling None
Fireplace No
Basement None

Exterior

Exterior Vinyl Siding

Listing Details

OfficeREMAX BOARDWALK REALTY

Listing Map