505 Cumberland Street Cornwall, Ontario K6J 4J3
4 Bedroom
2 Bathroom
1,100 - 1,500 ft2
None
Forced Air, Other, Not Known
$240,000
If you're an investor - or aspiring to become one - then you already know the power of the BRRRR strategy: Buy, rehab, rent, refinance, repeat. This soon to be vacant duplex is the perfect opportunity. Add value through renovations, rent the units at market value, refinance, and repeat the process all over again. Located in a high-demand rental area close to everyday amenities, this property features two 2-bedroom units, and has the potential to achieve approximately a 9%+ cap rate ! Don't miss out, book your viewing today or give us a call for more information. (id:56864)
Property Details
| MLS® Number | X13105350 |
| Property Type | Multi-family |
| Community Name | 717 - Cornwall |
| Parking Space Total | 2 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Other, Not Known |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 80 Ft |
| Size Frontage | 30 Ft |
| Size Irregular | 30 X 80 Ft |
| Size Total Text | 30 X 80 Ft |
https://www.realtor.ca/real-estate/29726043/505-cumberland-street-cornwall-717-cornwall
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May 09 2026 03:30:17
Cornwall & District Real Estate Board
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