505 Cumberland Street, Cornwall, ON K6J4J3

$212,500
Beds

4

Baths

2

Sqft

1100

Property Overview

  • Home Type

    Row / Townhouse

  • Building Type

    Duplex

  • Lot Size

    2400 Sqft

  • Community

    None

  • Beds

    4

  • Full Baths

    2

  • Half Baths

    0

  • Parking Space(s)

    2

  • Property Taxes

  • Days on Market

    53 days

  • MLS® #

    X13105350

  • Price / Sqft

    $193

  • Style

    Two Storey

Description

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If you're an investor - or aspiring to become one - then you already know the power of the BRRRR strategy: Buy, rehab, rent, refinance, repeat. This soon to be vacant duplex is the perfect opportunity. Add value through renovations, rent the units at market value, refinance, and repeat the process all over again. Located in a high-demand rental area close to everyday amenities, this property features two 2-bedroom units, and has the potential to achieve approximately a 9%+ cap rate ! Don't miss out, book your viewing today or give us a call for more information.

Estimated buyer fees

List price$212,500
Typical buy-side realtor$5,313
Bōde$0
Saving with Bōde$5,313

When you are empowered by Bōde, you don't need an agent to buy or sell your home. For the ultimate buying experience, connect directly with a Bōde seller.

Interior Details

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  • Flooring

    See Home Description

  • Heating

    See Home Description

  • Number of fireplaces

    0

  • Basement details

    Unfinished

  • Basement features

    None

  • Suite status

  • Suite

Exterior Details

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  • Exterior

    See Home Description

  • Number of finished levels

    2

  • Construction type

    See Home Description

  • Roof type

    Asphalt Shingles

  • Foundation type

    Concrete

More Information

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Property

  • Community features

    None

  • Front exposure

  • Multi-unit property?

    Data Unavailable

  • Number of legal units for sale

  • HOA fee

  • HOA fee includes

    See Home Description

Parking

  • Parking space included

    Yes

  • Total parking

    2

  • Parking features

    No Garage

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