6 Bedroom
2 Bathroom
1500 - 2000 sqft
None
Forced Air
$268,000
RENOVATED DUPLEX WITH A POTENTIAL 13.4% CAP RATE! An excellent opportunity for investors or buyers looking to offset their living expenses! This duplex features a beautifully renovated 3-bedroom main-floor unit, currently vacant and move-in ready, with an estimated market rent of $1,900/month. The upper unit is currently rented at $1,800/month, providing immediate rental income. Two parking spaces add convenience. With potential annual gross rental income of $44,400 and a projected 13.4% cap rate based on full occupancy at estimated market rents, this property offers excellent investment potential! Live in one unit while generating income from the other, or add this income-producing property to your portfolio! (id:45725)
Property Details
|
MLS® Number
|
X14144970 |
|
Property Type
|
Multi-family |
|
Community Name
|
717 - Cornwall |
|
Parking Space Total
|
2 |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
6 |
|
Bedrooms Total
|
6 |
|
Basement Development
|
Unfinished |
|
Basement Type
|
N/a (unfinished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Vinyl Siding |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1500 - 2000 Sqft |
|
Type
|
Duplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
90 Ft |
|
Size Frontage
|
25 Ft |
|
Size Irregular
|
25 X 90 Ft |
|
Size Total Text
|
25 X 90 Ft |
https://www.realtor.ca/real-estate/30474812/310-louisa-street-cornwall-717-cornwall