3 hours ago
$1,600,000
For Sale

1101 Gretchen Court

Cornwall

8 Bed|8 Bath|Yes|3 hours ago

$1,600,000

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Home Details

Taxes
$971 / month
Total Parking Spots
6
Garage Spaces
6
Furnished
No
Move-in Date
TBD
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
None
Central Vaccum
No
Exterior
Brick, Vinyl Siding
Sewer
Sewer
Property Type
Residential Freehold
Status
New
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Listing Description

Welcome to 1101 Gretchen Court, a 2015 quality built and well located fourplex that offers spacious units, stunning curb appeal, and all the conveniences that appeal to a wide spectrum of tenants. Each of the 4 units in this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units host west facing balconies while the main level units have both a front entrance and a rear entrance off the parking lot. This property currently grosses $73,692 annually, and with market priced rents has a potential gross revenue of $103,2000 annually. Current operating expenses are $19,461 and Net Operating Income is $54,231. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers.

Mortgage Calculator

Your estimated monthly payment for 1101 Gretchen Court is 8,859

Price

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$1,600,000
Down Payment$320,000
Mortgage Insurance$0
Total Mortgage$1,280,000

Monthly Payment


Mortgage Payment$7,888
Property Taxes$971
Maintenance Fees$0
Monthly Payment$8,859
$8,859
monthly

About 1101 Gretchen Court, Cornwall

Located at 1101 Gretchen Court , this Cornwall house is available for sale. This property was listed for $1,600,000 on Wed Mar 04 2026. It has 8 bedrooms and 8 bathrooms. The property includes the following rooms: . This property comes with 6 parking spots.


MLS#: undefined · $1,600,000 · 8 bedroom house in Cornwall