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$ 335,000
Est. payment /mo
New
307-309 Prince Arthure ST Cornwall, ON K6H 4P1
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family, freehold, residential
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 717 - Cornwall
MLS Listing ID X13676002
Style 2-Storey
Bedrooms 3
Annual Tax Amount $2,311
Tax Year 2025
Property Sub-Type Duplex
Property Description
Investment Opportunity - 307-309 Prince Arthur Street, CornwallAttention investors! This side-by-side duplex at 307-309 Prince Arthur Street in Cornwall offers a strong opportunity to add a solid income-producing property to your portfolio.The property features two spacious 3-bedroom units, providing an attractive layout for families and long-term tenants. Combined rental income is currently $2,800 per month, representing a gross annual rental income of $33,600.A major advantage for investors is that each tenant pays their own utilities, helping to keep the owner's operating expenses predictable. Municipal property taxes are approximately $2,311 per year, while water costs are approximately $1,200 per year.With affordable annual operating costs and steady rental income, this duplex offers an appealing combination of cash-flow potential and long-term investment value. The side-by-side configuration also provides tenants with more privacy than a traditional upper/lower duplex, which can help make the property attractive to families looking for a comfortable 3-bedroom rental.Located in Cornwall, the property benefits from access to local shopping, schools, services, employment and everyday amenities.Whether you're looking to expand an existing real estate portfolio or purchase your first income property, 307-309 Prince Arthur Street offers an excellent opportunity to own a two-unit residential investment with tenants contributing toward their own operating costs.Gross Rental Income: $33,600/year | Two 3-Bedroom Units | Tenants Pay Their Own Utilities | Municipal Taxes: Approx. $2,311/year | Water: Approx. $1,200/yearA great opportunity for investors looking for an affordable duplex with established rental income in Cornwall.
Location
Province ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Separate Den/Office 3
Interior
Interior Features Brick & Beam
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Shingles
Lot Frontage 50.0
Lot Depth 90.0
Total Parking Spaces 4
Building
Building Age 100+
Foundation Poured Concrete
Others
ParcelsYN No
Listed by ROYAL LEPAGE PERFORMANCE REALTY
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