About 306 Marlborough Street N
Located in the desirable Marlborough neighbourhood, directly across from the Joe St. Denis Football Field, this 7-bedroom triplex presents a compelling opportunity for investors seeking strong income potential. The property is currently generating approximately $3,647.80 per month in rental income (approximately $43,773.60 annually) from three occupied units. Based on current operating figures, the property offers an approximate Net Operating Income of $34,354.60 and an estimated cap rate of approximately 7.9%, making it an attractive addition to an investment portfolio. Positioned in an established residential area with convenient access to schools, parks, and amenities, this income-producing property combines location, rental demand, and solid returns. 24 Hour notice required for all showings. 48 Hour irrevocable on all offers as per Form 244.
Features of 306 Marlborough Street N
| MLS® # | X13169918 |
|---|---|
| Price | $419,900 |
| Bedrooms | 7 |
| Bathrooms | 3.00 |
| Square Footage | 2000-2500 |
| Type | Residential Freehold |
| Sub-Type | Triplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 306 Marlborough Street N |
|---|---|
| Area | Stormont, Dundas and Glengarry |
| Subdivision | 717 - Cornwall |
| City | Cornwall |
| Province | ON |
| Postal Code | K6H 4A3 |
Amenities
| Garages | None |
|---|---|
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| Basement | Full, Unfinished |
| Kitchens | 3 |
Exterior
| Exterior | Vinyl Siding |
|---|
Listing Details
| Office | RE/MAX AFFILIATES MARQUIS LTD. |
|---|