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$ 349,000
Est. payment | /mo
6 Beds
2 Baths
$ 349,000
Est. payment | /mo
6 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 717 - Cornwall
MLS Listing ID X13022446
Style 2-Storey
Bedrooms 6
Annual Tax Amount $2,311
Tax Year 2025
Property Sub-Type Duplex
Property Description
Exceptional Side-by-Side Duplex in Cornwall - Strong Cash Flow & Value-Add OpportunityAttention investors! This spacious side-by-side duplex offers an excellent opportunity to add a solid income-producing property to your portfolio while benefiting from future growth potential.Located in Cornwall, this property features two large three-bedroom units with separate hydro meters, allowing tenants to pay their own electricity and helping keep operating expenses low. The current gross rental income is $2,785 per month ($33,420 annually), providing immediate cash flow from day one.One unit presents an opportunity for cosmetic improvements, giving savvy investors the chance to increase rental income, build equity, and maximize the property's long-term value. The generous unit sizes and desirable three-bedroom layouts continue to attract strong tenant demand in today's rental market.Investment Highlights: Gross Rental Income: $2,785/month ($33,420/year) Two spacious 3-bedroom units Separate hydro meters Tenants pay their own utilities Opportunity to increase value through improvements Strong income potential with future upside Excellent addition to both new and experienced investors' portfoliosWhether you're looking to expand your rental portfolio or secure an affordable income property with room for growth, this duplex offers a combination of cash flow, equity-building potential, and long-term investment value.Don't miss this opportunity to invest in one of Cornwall's growing rental markets.
Location
Province ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Separate Den/Office 3
Interior
Interior Features Brick & Beam
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Shingles
Lot Frontage 50.0
Lot Depth 90.0
Total Parking Spaces 4
Building
Building Age 100+
Foundation Poured Concrete
Others
ParcelsYN No
Listed by ROYAL LEPAGE PERFORMANCE REALTY
