225 Louisa Street

For Sale
8.21 BTC
225 Louisa Street, Cornwall
225 Louisa Street
225 Louisa Street
225 Louisa Street
225 Louisa Street
225 Louisa Street
225 Louisa Street
225 Louisa Street
225 Louisa Street
225 Louisa Street
225 Louisa Street
225 Louisa Street
225 Louisa Street
11
BEDROOMS
6
BATHROOMS
6
KITCHENS
29
ROOMS
X13192728
MLSID
Contact Us
Property Description
Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $81,346.56 in gross annual rental income, with annual operating expenses of $21,305, resulting in an estimated Net Operating Income of $60,041.56 and an estimated 7.8% cap rate. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers.
Property Features
None
Property Details
Property Type
Multiplex
Lot Size
50' x 90'
Taxes
$4,623 (2025)
Basement
Full, Partially Finished
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Garage Type
None
Listing contracted with Re/Max Affiliates Marquis Ltd.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
0