38 Danis Avenue Cornwall, Ontario K6H 5E3

3 Bedroom 2 Bathroom 1,100 - 1,500 sqft
None Baseboard Heaters

$269,900

Attention investors-this is the kind of opportunity that checks both the cash flow box and the long-term upside. This well-located duplex features one spacious 2-bedroom unit and one 1-bedroom unit, both offering the convenience of in-unit laundry-an increasingly important feature for tenant retention and rental demand. The property includes two parking spaces at the rear, adding further value for tenants. Ideally situated in a desirable area near the water and just minutes from St. Lawrence College, this location consistently attracts quality tenants and supports strong rental potential. With a projected cap rate of approximately 8.8% once rents are optimized, this property presents a compelling value-add opportunity for investors looking to strengthen their portfolio with a solid income-producing asset in a high-demand area. Reach out now for financial details and a private viewing. (id:28469)

Property Details

MLS® Number X12941692
Property Type Multi-family
Community Name 717 - Cornwall
Parking Space Total 2

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Basement Development Unfinished
Basement Type N/a (unfinished)
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
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 125 Ft
Size Frontage 25 Ft
Size Irregular 25 X 125 Ft
Size Total Text 25 X 125 Ft

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Heather Ouderkirk
Broker

(613) 861-2607

RE/MAX Affiliates Marquis Ltd.
649 Second St E
Cornwall, Ontario K6H 1Z7

(613) 938-8100
(613) 938-3295