ONE UNIT VACANT - Great Opportunity! 2459 Watson Crescent is a well maintained and purpose-built duplex with one vacant unit (lower unit) perfect for owner occupant! Both units are 2 bedroom, 1 bathroom, and feature very functional layouts. This property is perfect for an investor looking for a solid appreciating investment or an owner-occupant looking to offset costs with a tenant in the other unit. Current rent for the upper/main unit is $1,837.80 + Utilities while the lower vacant unit has a market rent of $1,950.00 + Utilities. If lower unit was rented the Gross Income would be: $45,453.60, Operating Expenses would be: $10,359.00, and Net Operating Income would be: $35,094.60. The upper unit has a potential rent of $2,100+Utilities or more which would bring the Net Income up further to $38,241. Cornwall's Eastridge development is just a short walk from the St Lawrence River, the bike path, and Grey's Creek. Enjoy a family oriented neighbourhood thats just a short drive from all the amenities that Cornwall has to offer. Both units in this property feature 2 bedrooms, 1 bathroom, and their own laundry room. Separate gas and hydro meters. While the main floor unit features an attached garage, quartz countertops, and a rear deck, the lower unit utilizes the carport and has large bright windows and a spacious storage area. 24-hour notice for showings required. As per Form 244 minimum 24 hour irrevocable required on all offers. (id:63879)
| MLS® Number | X13525986 |
| Property Type | Multi-family |
| Community Name | 717 - Cornwall |
| Parking Space Total | 4 |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 4 |
| Appliances | Water Meter |
| Architectural Style | Raised Bungalow |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | Full, N/a (finished), N/a |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stone, Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
| Attached Garage | |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 114 Ft |
| Size Frontage | 65 Ft |
| Size Irregular | 65 X 114 Ft |
| Size Total Text | 65 X 114 Ft |
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29992462/2459-watson-crescent-cornwall-717-cornwall
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