6 Bedroom
4 Bathroom
1,500 - 2,000 ft2
Central Air Conditioning
Forced Air
$340,000
Great investment opportunity! Fully rented side-by-side duplex located in a desirable, family-friendly neighborhood. Each unit offers 3 bedrooms, 1 full bathroom, plus a convenient 2-piece on the main floor (4-piece and 2-piece in Unit 109; 3-piece and 2-piece in Unit 107). Tenants enjoy private entrances, separate backyards, and a large front balcony that spans the entire width of the building. Both units are equipped with forced air gas furnaces and central air (installed approx. 2022) for year-round comfort. Tenants pay their own utilities, with separate 100-amp electrical breaker panels and individual natural gas meters servicing each unit. Ample parking is available for tenants and guests. Ideally located within walking distance to the waterfront, bicycle paths, and a local convenience store, and just minutes from shopping and the international bridge. Turnkey property with steady income for investment. Gross Annual Income and Expenses rounded to nearest dollar for 2025: $39000 Income, $2541 Property tax, $1746 water and Sewer tax, $1027 Rental Equipment, $1600 Owners Insurance. Seller instructions: 48 Hour Irrevocable required on all offers from time of submission. (id:37229)
Property Details
|
MLS® Number
|
X13009200 |
|
Property Type
|
Multi-family |
|
Community Name
|
717 - Cornwall |
|
EquipmentType
|
Water Heater |
|
ParkingSpaceTotal
|
5 |
|
RentalEquipmentType
|
Water Heater |
Building
|
BathroomTotal
|
4 |
|
BedroomsAboveGround
|
6 |
|
BedroomsTotal
|
6 |
|
Amenities
|
Separate Electricity Meters, Separate Heating Controls |
|
BasementDevelopment
|
Unfinished |
|
BasementType
|
Full, Crawl Space, N/a (unfinished) |
|
CoolingType
|
Central Air Conditioning |
|
ExteriorFinish
|
Aluminum Siding, Vinyl Siding |
|
FireplacePresent
|
No |
|
FoundationType
|
Concrete |
|
HalfBathTotal
|
2 |
|
HeatingFuel
|
Natural Gas |
|
HeatingType
|
Forced Air |
|
StoriesTotal
|
2 |
|
SizeInterior
|
1,500 - 2,000 Ft2 |
|
Type
|
Duplex |
|
UtilityWater
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
SizeDepth
|
71 Ft |
|
SizeFrontage
|
70 Ft |
|
SizeIrregular
|
70 X 71 Ft |
|
SizeTotalText
|
70 X 71 Ft |
|
ZoningDescription
|
Res40 |
https://www.realtor.ca/real-estate/29616794/107-109-cumberland-street-cornwall-717-cornwall