Realestate

Property Details

1 of 34
$268,000
310 Louisa Street, Cornwall, ON K6H 4R1
6
2
MLS®X14144970
Property Type
Residential Freehold
Sub Type
Duplex
Heating
Forced Air
Cooling
None
Lot Size
90 x 25 Feet
Approx Age
N/A
RENOVATED DUPLEX WITH A POTENTIAL 13.4% CAP RATE! An excellent opportunity for investors or buyers looking to offset their living expenses! This duplex features a beautifully renovated 3-bedroom main-floor unit, currently vacant and move-in ready, with an estimated market rent of $1,900/month. The upper unit is currently rented at $1,800/month, providing immediate rental income. Two parking spaces add convenience. With potential annual gross rental income of $44,400 and a projected 13.4% cap rate based on full occupancy at estimated market rents, this property offers excellent investment potential! Live in one unit while generating income from the other, or add this income-producing property to your portfolio!
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