527 Front St Quinte West, ON K8V 4R4
Inscription par: TORONTO IDX / Royal Lepage Proalliance Realty

  527 Front St Quinte West, ON K8V 4R4

En vigueur
589,900 $
4
CAC
4
SDB
2000-2500
PI. CA.

Description

Investors take note. Looking for a great investment with long term tenants & 4 units generating rental income? That's right. This FOURPLEX is located in-town Trenton & offers a purpose-built 4-unit building. Duplexes are okay, Triplexes are good BUT this is a Fourplex which is the sweet spot for savvy real estate investors. With 4 units you greatly reduce vacancy losses due to more units bringing income. Fully Occupied with good tenants that take great care of the property. Strong monthly revenue produces over $42,000 of GROSS RENTAL INCOME. Hydro, Water/Sewer are metered separately (Landlord Pays Gas). Cap Rate Over 5.5%. Four units in total, 2 on Main & 2 on Lower. All Units have 1 Bd & 1 Bath, plus main entrances and secondary/emergency exits. Each unit also has their own patio areas plus there is a large, fenced yard that is shared. Unit 1 pays $650/Mth +Hydro & Water/Sewer. Tenant has been there approx. 13Yrs. Unit in excellent condition. Unit 2 is also in great condition & Tenant has been there since Sept. 2021. Tenant pays $875/Month +Hydro & Water/Sewer. Unit 3 has 1 Bd, 1 Bath. Tenant has been there 6.5Yrs & pays $650/Mth +Hydro, Water/Sewer. Unit 4 has was renovated 2022 with new vinyl flooring, new bath & updated kitchen. Tenant pays $1350/Mth +Hydro, Water/Sewer. Great income producing property & excellent tenants. Income statement avail upon request. Add this excellent building to your real estate investment portfolio. You wont be disappointed.

MLS®:
X10408156
Les impôts
$3,455(2024)
Catégorie
Multifamily
Style
Bungalow
Ville
Hastings County

Listed By

Royal Lepage Proalliance Realty
Source
TORONTO IDX
Dernière vérification Nov 13 2024 à 3:33 AM EST
Détails sur les salles de bains
Caractéristiques Intérieures
  • 300. Expenses Approximately $9000 (See Income and Expenses Document). Cap Rate/Return Approximately 5.5%. Immediate Possession Available.
  • Total Monthly Rental Income - $3525. Total Annual Gross Rental Income - $42
Chauffage et refroidissement
  • Forced Air
  • None
Informations sur les sous-sols
  • Full
  • Finished
Caractéristiques extérieures
  • Stucco/Plaster
Informations sur les services publics
  • Sewer: Sewers
  • Fuel: Gas
Garage
  • None
   
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Disclaimer: Copyright 2024 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/12/24 19:33