38 Danis Avenue Cornwall, Ontario K6H 5E3
$269,900
Attention investors-this is the kind of opportunity that checks both the cash flow box and the long-term upside. This well-located duplex features one spacious 2-bedroom unit and one 1-bedroom unit, both offering the convenience of in-unit laundry-an increasingly important feature for tenant retention and rental demand. The property includes two parking spaces at the rear, adding further value for tenants. Ideally situated in a desirable area near the water and just minutes from St. Lawrence College, this location consistently attracts quality tenants and supports strong rental potential. With a projected cap rate of approximately 8.8% once rents are optimized, this property presents a compelling value-add opportunity for investors looking to strengthen their portfolio with a solid income-producing asset in a high-demand area. Reach out now for financial details and a private viewing. (id:43934)
Property Details
| MLS® Number | X12941692 |
| Property Type | Multi-family |
| Community Name | 717 - Cornwall |
| Parking Space Total | 2 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 125 Ft |
| Size Frontage | 25 Ft |
| Size Irregular | 25 X 125 Ft |
| Size Total Text | 25 X 125 Ft |
https://www.realtor.ca/real-estate/29540170/38-danis-avenue-cornwall-717-cornwall
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