415 Mcconnell Avenue Cornwall, Ontario K6H 4L8
$374,900
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:37553)
Property Details
| MLS® Number | X12026759 |
| Property Type | Multi-family |
| Community Name | 717 - Cornwall |
| Features | Carpet Free |
| Parking Space Total | 4 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Basement Features | Separate Entrance |
| Basement Type | N/a |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Poured Concrete |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 127 Ft ,1 In |
| Size Frontage | 26 Ft ,4 In |
| Size Irregular | 26.4 X 127.1 Ft |
| Size Total Text | 26.4 X 127.1 Ft |
https://www.realtor.ca/real-estate/28040810/415-mcconnell-avenue-cornwall-717-cornwall
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March 30 2025 04:22:50
Ottawa Real Estate Board
Century 21 Synergy Realty Inc