Property Description for 415 MCCONNELL AVENUE
Investor Alert! This turnkey duplex in Cornwall delivers exceptional cash flow, generating almost $40,000 in net income annually. The upper unit is leased with reliable tenants, and the lower unit is vacant and ready for your new tenants. This property is an excellent addition to any investment portfolio. Each 3-bedroom unit is approximately 700 sq. ft. and has been renovated to enhance tenant appeal. The lower unit was updated in 2024 with new flooring, kitchen, lighting, paint, doors, and some new windows, while the upper unit, renovated in 2020, features a new kitchen, fresh paint, and updated baseboard heaters. The landlord-owned appliances add further value, and with tenants covering their own utilities (except water/sewer), operating costs remain low. Located in a high-demand rental market, this income-generating property offers strong returns from day one. Don't miss out! (id:38686)
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Property Details
Property Tax
: $1,953MLS® #
: X12387159
Home Features
Property Type
: MultiFamily
Room Details
Partial Bathroom
: 1
Interior Features
Heating
: Forced air, Natural gasBasement
: Unfinished, N/A
Utilities
Sewer
: Sanitary sewer
Other
Parking Features
: No GarageExterior Features
: Vinyl siding
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