408 Fourth Street No longer available

Cornwall, 717 - Cornwall, K6J 2S6

$320,000

Description

Listed by EXP REALTY.

Cash flowing Duplex in Cornwall's west end! - Main floor tenant (approx. 2 years), was refreshed prior to the current tenant - paying $1175 per month - Upper is newly renovatedrefreshed and ready for your new tenants - Current Market will earn approx. $1400 to $1600 per month ++ Utilities - Main floor heated by Electric Forced Air (almost zero maintenance) and upper by a Wall Mount Gas Space Heater (very efficient) - Assuming only $1400 for upper (conservative) Net Cash Flow would be approx $25581 or 8% Cap Rate !!!

Location

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  • Address: 408 Fourth Street
  • Neighborhood: 717 - Cornwall
  • City: Cornwall
  • State: Ontario
  • Postal Code: K6J 2S6

Property Details

  • Property ID: X11961200
  • Property Price: $320,000
  • Style: Duplex, 2-Storey
  • Rooms: 10
  • Bedrooms: 4
  • Bath: 2
  • Parking Spaces: 3
  • Year Built: 51-99
  • Basement: Part Fin
  • Central Vac.: N
  • Den: N
  • Elevator: N
  • Exterior: Vinyl Siding
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $2,119.00 (2024)
  • Lot: 90.80x42.00 (Feet)

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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