121 BALDWIN AVENUE, Cornwall, Ontario, K6H 4J1

$270,000

MLS® # X12689586

Investment For Sale In East End, Cornwall, Ontario

$270,000

Property Information:

Excellent opportunity to enter the investment market with this well-maintained duplex located in a central downtown location. The property offers two self-contained units, each featuring 2 bedrooms and 1 bathroom, providing strong and consistent rental appeal. The main floor unit is heated by a newer forced-air gas furnace, while the second-floor unit is heated by an owned gas wall heater. Both tenants pay their own utilities, helping keep operating expenses low and predictable for an investor. Recent improvements include a newer rear staircase and deck serving the upper unit, and a detached garage adds additional storage or potential income opportunity. The location is a notable advantage, with commercial properties situated behind and beside the building, offering increased privacy during evenings and weekends-a rare benefit for a downtown property. Income Summary: Gross Annual Rental Income: $22,500 Net Operating Income: $14,100 per year. This property provides steady income today with future upside through rent growth, making it an ideal starter investment or a solid addition to an existing portfolio. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Aluminum siding
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air, Other, Not known
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 2
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 90 Feet
  • Lot Frontage: 40 Feet
  • Lot Size: 40 x 90 FT
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 2

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.