505 Cumberland Street Cornwall, Ontario K6J 4J3
$240,000
If you're an investor - or aspiring to become one - then you already know the power of the BRRRR strategy: Buy, rehab, rent, refinance, repeat. This soon to be vacant duplex is the perfect opportunity. Add value through renovations, rent the units at market value, refinance, and repeat the process all over again. Located in a high-demand rental area close to everyday amenities, this property features two 2-bedroom units, and has the potential to achieve approximately a 9%+ cap rate ! Don't miss out, book your viewing today or give us a call for more information. (id:28469)
Property Details
| MLS® Number | X13105350 |
| Property Type | Multi-family |
| Community Name | 717 - Cornwall |
| Parking Space Total | 2 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Other, Not Known |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 80 Ft |
| Size Frontage | 30 Ft |
| Size Irregular | 30 X 80 Ft |
| Size Total Text | 30 X 80 Ft |
Contact Us
Contact us for more information
Heather Ouderkirk
Broker
649 Second St E
Cornwall, Ontario K6H 1Z7
(613) 938-8100
(613) 938-3295
Kelsey Easton
Salesperson
649 Second St E
Cornwall, Ontario K6H 1Z7
(613) 938-8100
(613) 938-3295
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 08 2026 10:01:25
Cornwall & District Real Estate Board
RE/MAX Affiliates Marquis Ltd.