- Ontario
- Cornwall
502 Marlborough St
CAD$359,000 Sale
502 Marlborough StCornwall, Ontario, K6H4A7
2
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ID1387133
StatusCurrent Listing
TypeResidential House,Duplex
RoomsBed:0,Bath:0
Lot Size42 * 88 ft 42 ft X 88 ft
Land Size42 ft X 88 ft
AgeConstructed Date: 1900
Listing Courtesy ofEXP REALTY
Detail
Building
Basement DevelopmentUnfinished
Construction MaterialWood frame
Cooling TypeNone
Exterior FinishSiding,Vinyl
Fireplace PresentFalse
Flooring TypeLaminate
Heating FuelNatural gas
Heating TypeForced air,Space Heater
Stories Total2
Utility WaterMunicipal water
Basement
Basement TypeCellar (Unfinished)
Land
Size Total Text42 ft X 88 ft
Acreagefalse
AmenitiesPublic Transit,Shopping
Current UseDevelopment residential
SewerMunicipal sewage system
Size Irregular42 ft X 88 ft
Surrounding
Ammenities Near ByPublic Transit,Shopping
Other
Communication TypeInternet Access
Storage TypeStorage Shed
BasementUnfinished,Cellar (Unfinished)
FireplaceFalse
HeatingForced air,Space Heater
Remarks
Fantastic Duplex Opportunity! This well-maintained side-by-side duplex features two-storey units, each comprising 2 beds and 1 bath. One unit is currently owner-occupied and will be vacant upon possession. Heated with forced air gas, the rented side is heated with a gas space heater. Ideal for investors or owner-occupiers, the property offers a shared shed behind paved parking. The tenant in one unit pays $955 all-inclusive with last month's rent on hand. The owner's unit could rent for $2000 per month + utilities, yielding a net cash flow of almost $28,000 and a cap rate of 7.7%! Roof & Windows replaced in 2018 (as per prev owner) Hot Water Tanks (2) 2017 Whether you're expanding your investment portfolio or seeking assistance with mortgage expenses as a first-time homebuyer, this duplex is a perfect choice. (id:22211)
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Location
Province:
Ontario
City:
Cornwall
Community:
Cornwall