310 LOUISA STREET
Cornwall, Ontario
MLS® X14144970
$268,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14144970
- Bedrooms
- 6
- Bathrooms
- 2
- Year built
- —
1 / 12Listing description
RENOVATED DUPLEX WITH A POTENTIAL 13. 4% CAP RATE! An excellent opportunity for investors or buyers looking to offset their living expenses!
This duplex features a beautifully renovated 3-bedroom main-floor unit, currently vacant and move-in ready, with an estimated market rent of $1,900/month. The upper unit is currently rented at $1,800/month, providing immediate rental income. Two parking spaces add convenience.
With potential annual gross rental income of $44,400 and a projected 13. 4% cap rate based on full occupancy at estimated market rents, this property offers excellent investment potential! Live in one unit while generating income from the other, or add this income-producing property to your portfolio!
Property summary
- MLS® number
- X14144970
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 25 x 90 FT
- Annual property taxes
- $3,209.00
- Parking
- 2 spaces · No Garage
- Days on market
- 2 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Unfinished, N/A
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $268,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD., CORNWALL.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.