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:15069)
| MLS® Number | X12941692 |
| Property Type | Multi-family |
| Community Name | 717 - Cornwall |
| Parking Space Total | 2 |
| 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 |
| No Garage |
| 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 |
https://www.realtor.ca/real-estate/29540170/38-danis-avenue-cornwall-717-cornwall
Contact us for more information
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)