1316 CUMBERLAND STREET, Cornwall
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. (id:25961)
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Details
- Parking Spaces: 4
- Transaction: For sale
Building
- BasementType: N/A (Unfinished)
- Basement Development: Unfinished
- Bedrooms Main Level: 6
- Cooling: None
- Exterior Finish: Vinyl siding
- Fireplace Present: False
- Foundation: Concrete
- Bathrooms (Total): 4
- Heating: Baseboard heaters, Forced air
- Heating Fuel: Electric, Natural gas
- Size Interior: 1500 - 2000 sqft
- Stories Total: 2
- Type: Fourplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Depth: 100 ft
- Size Frontage: 50 ft
- Size Irregular: 50 x 100 FT
This property for sale is located at 1316 CUMBERLAND STREET in Cornwall. It was last modified on September 10th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Cornwall homes for sale.
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