About this home

703-705 First Street E, Cornwall

Large duplex in an upcoming area of Cornwall. This duplex is in prime location with proximity to shops, school, college and recreational center. Good income with solid tenants. The units are large and similar in size. The main floor unit (which use to be a convenience store) is heated/cooled with a gas furnace and central air conditioning, while the second floor unit is heated with baseboard electric. Renovation to be completed prior to closing are commercial sign removal and residing of the west and rear sides. The detached garage and attached shed offers great parking space and storage possibility. Don't miss this opportunity with the adjacent building also being sold by same owner... possibility to own a large piece of land in prime location. Rents are: $820 inclusive, $998.08 inclusive (Total/year: $21,817). Expenses (2023) are: Prop.tax $1562, Water/Sewer $1252, Hydro $4348, Gas $1414, Insurance $2855 (Total/year: $11,431).

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