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415 Mcconnell Avenue Cornwall, Ontario K6H 4L8

6 Bedroom 3 Bathroom
Forced Air

$399,900

Investor Alert! This turnkey duplex in Cornwall delivers exceptional cash flow, generating over $30,000 in net income annually, with a cap rate exceeding 8%. Fully leased with reliable 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! Contact us today for financials or to schedule a viewing! (id:37351)

Property Details

MLS® Number X12026759
Property Type Multi-family
Community Name 717 - Cornwall
Features Carpet Free
ParkingSpaceTotal 4

Building

BathroomTotal 3
BedroomsAboveGround 6
BedroomsTotal 6
Appliances Dryer, Stove, Washer, Refrigerator
BasementFeatures Separate Entrance
BasementType N/a
ExteriorFinish Vinyl Siding
FoundationType Poured Concrete
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type Duplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 127 Ft ,1 In
SizeFrontage 26 Ft ,4 In
SizeIrregular 26.37 X 127.13 Ft
SizeTotalText 26.37 X 127.13 Ft

https://www.realtor.ca/real-estate/28040810/415-mcconnell-avenue-cornwall-717-cornwall

Contact Us

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Steve Benson
Salesperson

(613) 863-8794
www.stevebensonteam.com/
www.facebook.com/wellingtonstpartners
twitter.com/_stevebenson?lang=en
www.linkedin.com/in/stevebenson81/

Century 21 Synergy Realty Inc
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9

(613) 317-2121
(613) 903-7703

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