For Sale Multi-Family

307-309 Prince Arthure Street Cornwall, Ontario K6H 4P1

$349,000 MLS® X13022446
6 Bedrooms
2 Bathrooms
1,500 - 2,000 sqft Interior
4 Parking spaces
50 X 90 Ft Lot size
None Radiant Heat

About this home

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. (id:28469)

Facts & features

Property

MLS® Number
X13022446
Property Type
Multi-family
Community Name
717 - Cornwall
Parking Space Total
4

Building

Bathroom Total
2
Bedrooms Above Ground
3
Bedrooms Below Ground
3
Bedrooms Total
6
Age
100+ Years
Basement Development
Unfinished
Basement Type
N/a (unfinished)
Cooling Type
None
Exterior Finish
Vinyl Siding
Foundation Type
Poured Concrete
Heating Fuel
Natural Gas
Heating Type
Radiant Heat
Stories Total
2
Size Interior
1,500 - 2,000 Sqft
Type
Duplex
Utility Water
Municipal Water

Parking

No Garage

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
90 Ft
Size Frontage
50 Ft
Size Irregular
50 X 90 Ft
Size Total Text
50 X 90 Ft
Zoning Description
Res

Location

307-309 Prince Arthure Street, Cornwall, Ontario K6H 4P1  ·  Get directions

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.