415 Mcconnell Avenue Cornwall, Ontario K6H 4L8

$349,900

Investor Alert! This turnkey duplex in Cornwall delivers exceptional cash flow, generating almost $40,000 in net income annually. The upper unit is leased with reliable tenants, and the lower unit is vacant and ready for your new 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! (id:43934)

Property Details

MLS® Number	X12387159
Property Type	Multi-family
Community Name	717 - Cornwall
Equipment Type	Water Heater
Parking Space Total	3
Rental Equipment Type	Water Heater

Building

Bathroom Total	3
Bedrooms Above Ground	6
Bedrooms Total	6
Appliances	Dryer, Stove, Refrigerator
Basement Development	Unfinished
Basement Type	N/a (unfinished)
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	104 Ft
Size Frontage	26 Ft
Size Irregular	26 X 104 Ft
Size Total Text	26 X 104 Ft

https://www.realtor.ca/real-estate/28827158/415-mcconnell-avenue-cornwall-717-cornwall