307-309 Prince Arthure Street, Cornwall, ON K6H 4P1

About this property

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.

Property facts & features

Property type

Duplex

MLS® number

X13676002

Source status

New

Bedrooms

6

Bathrooms

2

Reported interior area

Not provided

Neighbourhood

Not provided

Postal code

K6H 4P1

Parking spaces

4

Garage

None

Lot depth (source units)

90

Annual property tax

2311

Basement

Unfinished

Laundry

Not provided

Interior features

Brick & Beam

Exterior features

Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

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Property value & listing history

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

Plan your monthly ownership costs

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

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