126 Eighth ST W Pending Save Request In-Person Tour Request Virtual Tour
Cornwall,ON K6J 2Z4
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 717 - Cornwall
MLS Listing ID X12017671
Style 3-Storey
Annual Tax Amount $2,506
Tax Year 2024
Property Sub-Type Duplex
Property Description
Newly Renoed, 7+1 Bedrooms, 5 Bathrooms, 4 Kitchens and 4 separate entrances on 3 levels. Wow! With breakeven at ~$400 per room, there is immediate positive cashflow which makes this an ideal turnkey opportunity for first time property investors. The house has a flexible layout which makes it easy to combine or subdivide into multiple units with separate entrances. Don't worry about major repairs and surprises, since this house has been upgraded inside and out including security system, remote monitoring, paved driveway, waterproofing, and new decks. Unlike other properties where you are tied to legacy tenants paying way below market value, for this property, you are starting from a clean slate and can build the business as you see fit. Just bring your best tenants or move into one and have the renters pay for all your expenses. The house was rented out for $4945 per month with the owner occupying the basement level (documentation available for serious clients). A rare opportunity in a great Cornwall location with walking distance to Farm Boy, Tim Horton's, Walmart, Beer Store, Transit and much more. Not to be missed., Flooring: New carpet, Hardwood & Laminate
Location
Province ON
County Stormont, Dundas And Glengarry
Community 717 - Cornwall
Area Stormont, Dundas And Glengarry
Rooms
Family Room No
Basement Finished
Kitchen 0
Interior
Interior Features None
Cooling None
Exterior
Exterior Feature Deck
Parking Features Private Double
Pool None
Roof Type Asphalt Shingle,Tar and Gravel
Lot Frontage 34.0
Lot Depth 164.0
Total Parking Spaces 4
Building
Foundation Block,Concrete
Others
Senior Community No