ON
Cornwall
K6J4J3
505 Cumberland Street
505 Cumberland Street, Cornwall, ON K6J4J3
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Listing Type
Multi Family
Listing Status
Active
35
$240,000

Home Details for 505 Cumberland Street

Price
$240,000
Type
Residential Income
Bedrooms
4
Total Bathrooms
2
Listing #
X13105350
Property Description

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. (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
    • Other
  • Cooling Information
    • None
Listing Courtesy: RE/MAX AFFILIATES MARQUIS LTD.
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EXIT INTEGRITY REALTY, BROKERAGE
240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
Alourd Rosales
License #: 6002375
Sales Representative
Office
647 618 3158
Agent
226 989 2676
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