Investor Alert! This turnkey duplex in Cornwall delivers exceptional cash flow, generating over $30,000 in net income annually, with a cap rate exceeding 8%. Fully leased with reliable tenants, this property is an excellent addition to any investment portfolio. Each 3-bedroom unit is approximately 700 sq. ft. and has been renovated to enhance tenant appeal. The lower unit was updated in 2024 with new flooring, kitchen, lighting, paint, doors, and some new windows, while the upper unit, renovated in 2020, features a new kitchen, fresh paint, and updated baseboard heaters. The landlord-owned appliances add further value, and with tenants covering their own utilities (except water/sewer), operating costs remain low. Located in a high-demand rental market, this income-generating property offers strong returns from day one. Don't miss out!
EXTRAS: Washer, Refrigerator, Stove, Dryer
Last updated on : Monday 9th of June 2025 02:35:38 PM
Street : 415 MCCONNELL AVENUE
City : Cornwall
Country : Canada
Postal Code : K6H4L8
Property ID : X12026759
Building Type : Duplex
Property Type : Multi-family
Bedrooms : 6
Bathrooms : 3 + 1
Parking : 4
Parking Type: No Garage