341 New Street, Edwardsburgh/Cardinal, Ontario K0E 1E0 (29136231)

341 New Street Edwardsburgh/cardinal, Ontario K0E 1E0

6 Bedroom 4 Bathroom 700 - 1,100 ft2
Bungalow None Baseboard Heaters

$549,900

Discover a rare and remarkable investment opportunity with this fully tenanted, well-maintained solid 4-plex, ideally located just two blocks from the scenic St. Lawrence River in the charming community of Cardinal.This property delivers impressive cash flow and features four well-appointed units-two generous 2-bedroom suites and two inviting 1-bedroom units. Each tenant enjoys the convenience of separately metered hydro, in-unit laundry, and their own fenced backyard, offering a blend of comfort and privacy rarely found in multi-unit buildings.Adding even more value, the property includes four individual storage units, perfect for seasonal items or additional tenant needs. There's also ample parking for all residents.With its strong rental demand, thoughtful layout, and prime location, this 4-plex stands out as an investment with long-term upside. Whether you're expanding your portfolio or stepping into multifamily ownership, this property checks all the boxes for a smart, reliable, and high-yield asset with over 9% cap rate. (id:61210)

Property Details

MLS® Number X12576108
Property Type Multi-family
Community Name 806 - Town of Cardinal
Easement Unknown
Parking Space Total 6

Building

Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Total 6
Appliances Water Heater
Architectural Style Bungalow
Basement Type None
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Slab
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 1
Size Interior 700 - 1,100 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Fence Type Fenced Yard
Sewer Sanitary Sewer
Size Depth 113 Ft ,3 In
Size Frontage 99 Ft ,10 In
Size Irregular 99.9 X 113.3 Ft
Size Total Text 99.9 X 113.3 Ft|under 1/2 Acre
Zoning Description Cm

Utilities

Telephone Connected

https://www.realtor.ca/real-estate/29136231/341-new-street-edwardsburghcardinal-806-town-of-cardinal

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Deb Driscoll
Salesperson

(613) 706-1616
www.driscollpeca.com/

Real Broker Ontario Ltd.
1 Rideau St Unit 7th Floor
Ottawa, Ontario K1N 8S7

(888) 311-1172
www.joinreal.com/

Trevor Beaudry
Salesperson

(888) 311-1172

Real Broker Ontario Ltd.
1 Rideau St Unit 7th Floor
Ottawa, Ontario K1N 8S7

(888) 311-1172
www.joinreal.com/

Jaime Peca
Salesperson

(613) 706-4606
driscollpeca.com/

Real Broker Ontario Ltd.
1 Rideau St Unit 7th Floor
Ottawa, Ontario K1N 8S7

(888) 311-1172
www.joinreal.com/

Luke Geleynse
Salesperson

(613) 227-3727

Real Broker Ontario Ltd.
1 Rideau St Unit 7th Floor
Ottawa, Ontario K1N 8S7

(888) 311-1172
www.joinreal.com/

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