Description

 Price: $ 240,000.00 MLS^®: X13105350         Location : 505 Cumberland Street, Cornwall, ON K6J 4J3

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.

Location Description

Cumberland & Fifth St

Property Details

• Community: 717 - Cornwall
• Property Type: Vacant/Residential Freehold
• Bedrooms: 4
• Bath: 2
• Garages: None

Building Features

• Foundation Type: Concrete
• Construction Material: Aluminum Siding
• Total Parking Space: 2

Features

• Heating: Forced Air Gas
• Sewer: Sewer ,

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