307-309 PRINCE ARTHURE STREET
Cornwall, Ontario
MLS® X13676002
$335,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13676002
- Bedrooms
- 6
- Bathrooms
- 2
- Year built
- —
1 / 12Listing description
Investment Opportunity - 307-309 Prince Arthur Street, CornwallAttention investors! This side-by-side duplex at 307-309 Prince Arthur Street in Cornwall offers a strong opportunity to add a solid income-producing property to your portfolio. The property features two spacious 3-bedroom units, providing an attractive layout for families and long-term tenants.
Combined rental income is currently $2,800 per month, representing a gross annual rental income of $33,600. A major advantage for investors is that each tenant pays their own utilities, helping to keep the owner's operating expenses predictable. Municipal property taxes are approximately $2,311 per year, while water costs are approximately $1,200 per year.
With affordable annual operating costs and steady rental income, this duplex offers an appealing combination of cash-flow potential and long-term investment value. The side-by-side configuration also provides tenants with more privacy than a traditional upper/lower duplex, which can help make the property attractive to families looking for a comfortable 3-bedroom rental. Located in Cornwall, the property benefits from access to local shopping, schools, services, employment and everyday amenities.
Whether you're looking to expand an existing real estate portfolio or purchase your first income property, 307-309 Prince Arthur Street offers an excellent opportunity to own a two-unit residential investment with tenants contributing toward their own operating costs. Gross Rental Income: $33,600/year | Two 3-Bedroom Units | Tenants Pay Their Own Utilities | Municipal Taxes: Approx. $2,311/year | Water: Approx.
$1,200/yearA great opportunity for investors looking for an affordable duplex with established rental income in Cornwall.
Property summary
- MLS® number
- X13676002
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 50 x 90 FT
- Annual property taxes
- $2,311.00
- Parking
- 4 spaces · No Garage
- Days on market
- 34 days
Features & details
- Heating
- Radiant heat, Natural gas
- Cooling
- None
- Basement
- Unfinished, N/A
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $335,000 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 ROYAL LEPAGE PERFORMANCE REALTY, 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.