121 Baldwin Avenue Cornwall, Ontario K6H 4J1

$289,900

Excellent opportunity to enter the investment market with this well-maintained duplex located in a central downtown location. The property offers two self-contained units, each featuring 2 bedrooms and 1 bathroom, providing strong and consistent rental appeal. The main floor unit is heated by a newer forced-air gas furnace, while the second-floor unit is heated by an owned gas wall heater. Both tenants pay their own utilities, helping keep operating expenses low and predictable for an investor. Recent improvements include a newer rear staircase and deck serving the upper unit, and a detached garage adds additional storage or potential income opportunity. The location is a notable advantage, with commercial properties situated behind and beside the building, offering increased privacy during evenings and weekends-a rare benefit for a downtown property. Income Summary: Gross Annual Rental Income: $22,500 Net Operating Income: $14,100 per year. This property provides steady income today with future upside through rent growth, making it an ideal starter investment or a solid addition to an existing portfolio. (id:43934)

Property Details

MLS® Number	X12689586
Property Type	Multi-family
Community Name	717 - Cornwall
Parking Space Total	2

Building

Bathroom Total	2
Bedrooms Above Ground	4
Bedrooms Total	4
Basement Development	Unfinished
Basement Type	N/a (unfinished)
Cooling Type	None
Exterior Finish	Aluminum Siding
Foundation Type	Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air, Other, Not Known
Stories Total	2
Size Interior	1,100 - 1,500 Ft2
Type	Duplex
Utility Water	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	90 Ft
Size Frontage	40 Ft
Size Irregular	40 X 90 Ft
Size Total Text	40 X 90 Ft

https://www.realtor.ca/real-estate/29243560/121-baldwin-avenue-cornwall-717-cornwall