230 ALICE STREET, Cornwall, Ontario, K6H4R9

Property Description

This fully furnished, income-generating duplex is now on the market; a true cash-flow machine that shows real pride of ownership. Located just steps from St. Lawrence College, restaurants, and shopping, it's perfectly positioned for steady rental demand. Inside, you'll find recently renovated kitchens and bathrooms, along with updated tile and laminate flooring throughout. Each level features front covered balconies and large enclosed back porches, plus a fully fenced yard. The garage and oversized driveway easily fit up to 7 vehicles. The main floor is heated by a forced-air gas furnace (2014), while the upper level runs on electric baseboards and a supplemental electric heater. Two owned gas hot water tanks service the building. Currently rented by the room, this property generates $4,800/month ($57,600 annually, all inclusive of utilities and internet). A turnkey investment opportunity with strong income from day one. (id:64974)

Quick Facts

• Property Type: Duplex
• Bedrooms: 8 (7 above, 1 below)
• Bathrooms: 2
• Attached: Yes
• Parking: 7 spaces (Detached Garage, Garage)
• Frontage: 50 ft (15.2 m)

Costs

• Annual Taxes: $2,292.71

Listing Provided by: RE/MAX HALLMARK REALTY GROUP
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.