ACTIVE
121 Baldwin Avenue Cornwall, Ontario K6H 4J1
$270,000
4 Beds 2 Bath 1,100 - 1,500 ft<sup>2</sup>
NoneForced Air, Other, Not Known
Excellent opportunity to enter the investment market with this well-maintained duplex located in a central downtown location. The property offers two self-contained units, each featuring 2 bedrooms and 1 bathroom, providing strong and consistent rental appeal. The main floor unit is heated by a newer forced-air gas furnace, while the second-floor unit is heated by an owned gas wall heater. Both tenants pay their own utilities, helping keep operating expenses low and predictable for an investor. Recent improvements include a newer rear staircase and deck serving the upper unit, and a detached garage adds additional storage or potential income opportunity. The location is a notable advantage, with commercial properties situated behind and beside the building, offering increased privacy during evenings and weekends-a rare benefit for a downtown property. Income Summary: Gross Annual Rental Income: $22,500 Net Operating Income: $14,100 per year. This property provides steady income today with future upside through rent growth, making it an ideal starter investment or a solid addition to an existing portfolio. (id:28469)
Property Details
- MLS® Number
- X12689586
- 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 Ft<sup>2</sup>
- Type
- Duplex
- Utility Water
- Municipal Water
Parking
Land
- Acreage
- No
- Sewer
- Sanitary Sewer
- Size Depth
- 90 Ft
- Size Frontage
- 40 Ft
- Size Irregular
- 40 X 90 Ft
- Size Total Text
- 40 X 90 Ft
Neighbourhood
Tanya Flaro
Salesperson
RE/MAX Affiliates Marquis Ltd.
649 Second St E
Cornwall, Ontario K6H 1Z7
649 Second St E
Cornwall, Ontario K6H 1Z7
(613) 938-8100
(613) 938-3295
