370 MEYERS CREEK ROAD, Quinte West, Ontario K8V 5P8
$489,900.00
- 6 bedrooms
- 2 bathrooms
Turnkey duplex investment opportunity! Whether you are looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained duplex is an excellent opportunity. Currently generating $42,000 in annual gross rental income, this property offers immediate cash flow with 2 self-contained units and a strong investment profile. The property features 2 spacious 3-bedroom units, ample parking, separate living spaces, and a low-maintenance lot. Located on a spacious rural lot in a desirable area close to CFB Trenton, schools, shopping, parks, and everyday amenities, it appeals to both tenants and ... read more
Turnkey duplex investment opportunity! Whether you are looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained duplex is an excellent opportunity. Currently generating $42,000 in annual gross rental income, this property offers immediate cash flow with 2 self-contained units and a strong investment profile. The property features 2 spacious 3-bedroom units, ample parking, separate living spaces, and a low-maintenance lot. Located on a spacious rural lot in a desirable area close to CFB Trenton, schools, shopping, parks, and everyday amenities, it appeals to both tenants and future homeowners alike. With a 5.97% cap rate at the asking price, this income-producing property offers positive cash flow potential and long-term upside. Whether you're a seasoned investor or entering the rental market for the first time, this is an opportunity you will not want to miss. (id:25417)
- Listing ID: X13589488
- Property Type: Multi-family
| Property | |
|---|---|
| Style: | Bungalow |
| Lot Size: | 82 by 282.4 FT|1/2 - 1.99 Acres |
| Parking: | No Garage 6 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Duplex |
| Appliances: | Dryer, Refrigerator, Stove, Washer and Dishwasher |
| HVAC: | Fireplace, Forced Air and Window Air Conditioner Propane |
| Exterior: | Aluminum Siding and Brick |
| Basement: | Full, N/A, N/A (Partially Finished) |
| Utilities: | Cable, Wireless, Drilled Well and Septic System |
| Location | |
|---|---|
| City: | Quinte West |
| Province: | Ontario |
| Rooms | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 2.27 m x 9.02 m |
| Kitchen | Main level | 3.45 m x 3.21 m |
| Living room | Main level | 3.54 m x 6.16 m |
| Primary Bedroom | Main level | 4.38 m x 2.58 m |
| Bedroom 2 | Main level | 2.62 m x 4.55 m |
| Bedroom 3 | Main level | 3.35 m x 2.46 m |
| Bathroom | Main level | 2.62 m x 1.54 m |
| Dining room | Main level | 2.41 m x 1.91 m |
| Living room | Main level | 3.56 m x 6.17 m |
| Primary Bedroom | Main level | 2.62 m x 4.57 m |
| Bedroom 2 | Main level | 4.38 m x 2.55 m |
| Bedroom 3 | Main level | 3.35 m x 2.45 m |
| Bathroom | Main level | 2.63 m x 1.49 m |
| Kitchen | Main level | 3.45 m x 3.14 m |
| Dining room | Main level | 2.41 m x 1.98 m |
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