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

6 Bedroom 2 Bathroom 1,500 - 2,000 sqft
None Radiant Heat

$349,000

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:15069)

Property Details

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

https://www.realtor.ca/real-estate/29631891/307-309-prince-arthure-street-cornwall-717-cornwall

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