6 Beds 4 Bath

341 New Street, Edwardsburgh/Cardinal, ON K0E 1E0

Edwardsburgh/Cardinal K0E 1E0 Ontario

MLS: X12576108

$549,900

Added 7 hours ago | For Sale

Listed by: REAL BROKER ONTARIO LTD.

About Property

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.

Features

  • House Style:Fourplex
  • Bathrooms:4
  • Land Size: 99.88 X 113.27
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:New St & John St
  • Basement:None , None
  • Possession Date:TBD
  • Annual Property taxes: $3184.2
  • Bedrooms:6
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12576108

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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