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$ 374,900
Est. payment /mo
Price Dropped by $25K
415 MCCONNELL AVENUE Cornwall, ON K6H4L8
6 Beds
3 Baths
1,099 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,099 sqft
Price per Sqft $341
Subdivision 717 - Cornwall
MLS® Listing ID X12026759
Bedrooms 6
Half Baths 1
Originating Board Ottawa Real Estate Board
Property Description
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! Contact us today for financials or to schedule a viewing! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by CENTURY 21 SYNERGY REALTY INC