This is an excellent investment property. A 6 unit and a 7 unit apartment building on he same lot with a 17 car parking lot and a 2 car garage. Fully rented with very good cash flow. The gross annual income is $168,720. Annual expenses including taxes are $59,404. That is a 9.5% cap rate. 45 Cornell has a roof thats 5 years old or less and 41 Cornell has 1/2 the roof thats 5 years or less, replacement windows. An outstanding value. The property can only be shown Mondays and Fridays between 2:30-4 and Saturdays ll:30-1pm. You must make an appointment. You cannot just show up at those times. Delayed negotiations until 3/31/26 at 2:30pm.
10,283 Sq Ft
0.2923 Private Acres Lot Size
investment
$2,201 Monthly Tax
Built in 1900
MLS/Listing ID R1666195
3 Stories
13 Units
Gas Water Heater
Refrigerator
Washer
Shingle
Thermal Windows
Parking - Driveway
Parking - Threeormore Spaces
Lot - Irregular Lot
Lot - Near Public Transit
Common Area
Cathedral Ceilings
Natural Woodwork
Storage
HVAC
Construction - Brick
Hardwood
Ceramic Tile
Carpet
Heating - Hot Water
Heating - Gas
Heating - Forced Air
Heating - Electric
Windows
Gas Range
Gas Oven
Dryer
Dishwasher
Construction - Stone
Construction - Frame
Construction - Copper Plumbing