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MLS® X13769134
Cornwall, ON
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.
Broker
RE/MAX AFFILIATES MARQUIS LTD.
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Fourplex
1316 Cumberland Street Cornwall
Cornwall
Type
Fourplex
Basement
Unfinished
Parking
None (4)
Property Tax
~$3,169/yr
Heating
Baseboard
Buying Essentials
Square Feet
1750 sqft
Facing Direction
West
Parking
None (4)
Finances
List Price
$499,900
Price per SQFT
$286/sqft
Property Tax
~$3,169/yr
Property Specs
Property Type
Fourplex
MLS Size
1750 sqft
Basement
Unfinished
Living & Amenities
Heating Type
Baseboard
Features
Other
Policies & Utilities
Neighbourhood
Cornwall
Listed On
Sep 10, 2026
Days on Market
Current: 58 days
Room information is not available for this listing.
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