408 Fourth St W

FOR SALE
$320,000
Suspended
$0
408 Fourth St W, Cornwall
408 Fourth St W
4
BEDROOMS
2
BATHROOMS
2
KITCHENS
10
ROOMS
X11961200
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2025-02-06 2025-02-07 1 $320,000 - Suspended
Property Description
Cash Flowing Duplex In Cornwall's West End! - Main Floor Tenant (Approx. 2 Years), Was Refreshed Prior To The Current Tenant - Paying $1175 Per Month - Upper Is Newly Renovated\Refreshed And Ready For Your New Tenants - Current Market Will Earn Approx. $1400 To $1600 Per Month ++ Utilities - Main Floor Heated By Electric Forced Air (Almost Zero Maintenance) And Upper By A Wall Mount Gas Space Heater (Very Efficient) - Assuming Only $1400 For Upper (Conservative) Net Cash Flow Would Be Approx $25581 Or 8% Cap Rate !!!
Property Details
Street
Property Type
Duplex, 2-Storey
Similar Listings
212 Eighth St W, Cornwall
5
BEDS
2
BATHS
$305,000
FOR SALE
Investors or live in and rent the other option for you with this duplex. This property located in the west end of town offers close proximity to many amenities. The main floor is a 3 bedroom 1 bathroom home with access to the basement for storage or maybe finish it for your own rec room. The upstairs unit has 2 large bedrooms and 1 bathroom. Both units have their own washer dryer hookups as well as separated utilities. One parking per unit. Main unit will be vacant leaving you the option to rent it out or live there yourself. schedule your viewing today.
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