Apartment buildings for sale in Cornwall
1316 Cumberland Street, Cornwall
2 to 5 units
Listed by RE/MAX AFFILIATES MARQUIS LTD.
Updated September 10, 2026
$499,900
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Details from the listing
| Property taxes | $3,169 (2026) |
| Lot size | 50 × 100 ft |
| Occupancy | Tenant |
| Heat | Baseboard, Electric |
From the listing
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.
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Listings refreshed October 1, 2026 at 12:25 a.m. ET