$499,000

Investment For Sale In East End, Cornwall, Ontario

$499,000

Property Information:

This well-maintained duplex is a rare find, offering 2 spacious 3-bed units & a 1-bed basement in-law suite. Main level 3-bed unit boast large, eat-in kitchen & spacious den, perfect for relaxing or entertaining. Second level 3-bed is bright & sunny with front & back balconies. Basement in-law suite provides added income & separate side entrance. The property is set on well-kept grounds with a large driveway, providing ample parking space for tenants. Recent upgrades include a new roof (2022), updated AC unit, replacement of one of 2 water heaters & electrical work in the kitchen & basement. Second unit's kitchen has been refreshed with a new backsplash. Property has some new windows, new sealing in the shed, repaired/replaced gutters, a new screen door on one of the 3-bed units, & new toilet in the other. Property has great tenants & offers excellent cap rate, making it a smart investment for any real estate portfolio. Don’t miss out on this opportunity! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding, Brick
  • Fixture: Ceiling fans
  • Flooring Type: Wall-to-wall carpet, Laminate, Tile
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Recreation Nearby, Shopping
  • Built in: 1955
  • Features: Park setting, Balcony
  • Fence Type: Fenced yard
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lease Type: Gross
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 ft X 100 ft
  • Utility Type: Hydro - Available
  • Zoning: Duplex
  • Sewer: Municipal sewage system
  • Parking Type: Oversize, Surfaced
  • No. of Parking Spaces: 8

Courtesy of: RE/MAX HALLMARK REALTY GROUP

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.