303 GUY STREET, Cornwall
Cash-flowing investment opportunity! Fully occupied and generating $50,148 in annual gross rental income, this turnkey investment property delivers immediate cash flow from closing. With six furnished rental rooms currently producing $4,179 per month, approximately $16,311 in annual operating expenses, and an estimated Net Operating Income of $33,837 per year (before owner-specific expenses), this is an outstanding opportunity for investors seeking reliable, proven returns. Designed for consistent rental demand, the property features six furnished bedrooms, two full bathrooms, spacious shared living areas, and a beautifully renovated kitchen completed in 2024. Recent improvements include a new front door and frame (2026), newer refrigerators, updated appliances, and numerous mechanical upgrades completed over recent years, making this a true turnkey investment. All six furnished rooms are currently rented, with monthly rents ranging from $665 to $717. The seller advises there has been only one month of vacancy since April 2024, demonstrating strong occupancy and consistent rental performance. Whether you're expanding your investment portfolio or purchasing your first income property, this is a rare opportunity to acquire a well-maintained, income-producing asset with immediate cash flow. (id:25961)
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Details
- Equipment: Water Heater, Furnace
- Features: Carpet Free
- Ownership: Freehold
- Parking Spaces: 2
- Rental Equipment: Water Heater, Furnace
- Transaction: For sale
Building
- Appliances: Dishwasher, Dryer, Hood Fan, Stove, Washer, Two Refrigerators
- BasementType: N/A (Unfinished)
- Basement Development: Unfinished
- Bedrooms Main Level: 6
- Construction Style Attachment: Detached
- Cooling: Central air conditioning
- Exterior Finish: Vinyl siding
- Fireplace Present: False
- Foundation: Concrete
- Bathrooms (Total): 2
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 1500 - 2000 sqft
- Stories Total: 2
- Type: House
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Depth: 55 ft
- Size Frontage: 29 ft ,6 in
- Size Irregular: 29.5 x 55 FT
This property for sale is located at 303 GUY STREET in Cornwall. It was last modified on June 30th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Cornwall homes for sale.
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