271-267 Twelfth Street W,Cornwall, ON K6J3C5
Cornwall, ON K6J3C5
Description
Excellent investment opportunity in a quiet and well-established area of Cornwall! This well-located duplex on 12th Street offers two separate rental units, steady rental income, parking, outdoor storage, and several features that make it an attractive long-term addition to an investment portfolio.Unit 371 is a spacious 3-bedroom unit arranged over two levels, providing tenants with plenty of living space and a practical layout. This unit is currently rented for $1,150 per month plus utilities. With three bedrooms and two-storey living, it offers strong appeal for families, couples, or tenants looking for additional space.Unit 367 is a comfortable 1-bedroom unit currently rented for $850 per month. Its smaller, efficient layout makes it an appealing option for a single tenant or couple. Tenants are responsible for their own utilities, helping the owner maintain more predictable operating expenses.A major recent improvement is the roof, which was completely replaced this year, offering added peace of mind to a future owner and reducing the likelihood of a major roofing expense in the near term.The property also provides dedicated storage space for each tenant in the backyard, an excellent feature for bicycles, seasonal items, tools, and personal belongings. On-site parking is available, adding further convenience for both units.Located in a very quiet residential area of Cornwall, this duplex offers a combination of affordability, rental stability, and long-term investment potential. Whether you are an experienced investor looking to expand your portfolio or a buyer searching for a first income-producing property, this duplex represents a solid opportunity in the Cornwall rental market.A practical property with existing tenants, established income, separate living spaces, recent roof improvements, storage, and parking - a strong foundation for a long-term real estate investment. (id:13843)
Details
| MLS # | X13776274 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 42 |
| Listing Provided By | ROYAL LEPAGE PERFORMANCE REALTY | REMI TREMBLAY |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,100 |
| Basement | Y |
| Story(s) | 2 |
Interior
| Cooling | Wall unit |
|---|---|
| Heating | Heat Pump, Baseboard heaters, Electric, Natural gas |
| Fireplace Yes / No | No |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 3 |
Utilities
| Utilities | Sewer, Electricity |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 2426 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Cornwall |
| Postal Code | K6J3C5 |
| Listing VS Median (in K6J3C5) | |
Price: $324,900 low | high Med: $324,900 sqft: 1,100 low | high Med: 1,100 $ / sqft: $295 low | high Med: $295 On site: 42 low | high Med: 42 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Cornwall |
| Postal Code | K6J3C5 |
| Listing VS Median (in K6J3C5) | |
Price: $324,900 low | high Med: $324,900 sqft: 1,100 low | high Med: 1,100 $ / sqft: $295 low | high Med: $295 On site: 42 low | high Med: 42 | |