FOR SALE
$249,900
521 Burton, Cornwall, ON, K6J 3Y3
2
1
1100-1500
About the Property
Attention investors-this is the kind of opportunity that checks both the cash flow box and the long-term upside. This well-located duplex features one spacious 2-bedroom unit and one 1-bedroom unit, both offering the convenience of in-unit laundry-an increasingly important feature for tenant retention and rental demand. The property includes two parking spaces at the rear, adding further value for tenants. Ideally situated in a desirable area near the water and just minutes from St.
Lawrence College, this location consistently attracts quality tenants and supports strong rental potential. With a projected cap rate of approximately 8.8% once rents are optimized, this property presents a compelling value-add opportunity for investors looking to strengthen their portfolio with a solid income-producing asset in a high-demand area. Reach out now for financial details and a private viewing.
Property Details
MLS#:
X12941692
Status:
Sold
Property Type:
About the Property
Attention investors-this is the kind of opportunity that checks both the cash flow box and the long-term upside. This well-located duplex features one spacious 2-bedroom unit and one 1-bedroom unit, both offering the convenience of in-unit laundry-an increasingly important feature for tenant retention and rental demand. The property includes two parking spaces at the rear, adding further value for tenants. Ideally situated in a desirable area near the water and just minutes from St.
Lawrence College, this location consistently attracts quality tenants and supports strong rental potential. With a projected cap rate of approximately 8.8% once rents are optimized, this property presents a compelling value-add opportunity for investors looking to strengthen their portfolio with a solid income-producing asset in a high-demand area. Reach out now for financial details and a private viewing.
Property Details
MLS#:
X12941692
Status:
Sold
Property Type:
Duplex
Central A/C:
No
Bedrooms:
3
Heating Fuel:
Baseboard
Bathrooms:
2
Heating Type:
Baseboard
Parking:
2 Spots
Cross Street:
Danis & Montreal Road
Basement:
Unfinished
Duplex
Central A/C:
No
Bedrooms:
3
Heating Fuel:
Baseboard
Bathrooms:
2
Heating Type:
Baseboard
Parking:
2 Spots
Cross Street:
Danis & Montreal Road
Basement:
Unfinished
Maintenance:
Exterior:
Vinyl Siding
Possession Date:
Presented By:
RE/MAX AFFILIATES MARQUIS LTD.
Maintenance:
Exterior:
Vinyl Siding
Possession Date:
Presented By:
RE/MAX AFFILIATES MARQUIS LTD.