Map location of 527 FRONT STREET, Quinte West, ON K8V4R4
$589,900
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527 Front Street, Quinte West, ON K8V4R4

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4 Beds
4 Baths
2,000 Sq Ft

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. EXTRAS Total monthly rental income - $3525. Total annual gross rental income - $42, 300. Expenses approximately $9000 (see income and expenses document). Cap rate/return approximately 5.5%. Immediate possession available. (id:55598)

Listing By: JASON BALLAS - ROYAL LEPAGE PROALLIANCE REALTY
Listing provided courtesy of Canadian Real Estate Association
  • MLS® X10408156
  • Date Listed11/04/2024
  • Days on Realty 46 Days
  • Bedrooms 4
  • Bathrooms 4 baths
  • Lot Size -
  • Sewer Other
  • Property Type Quadruplex
  • Water Public
  • Square Feet 2,000 sq. ft
  • Price Per Sq. Ft $294.95

Interior Features

  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Landscaped

Nearby Schools

Source: School Digger

Trenton High School

Public • 6 - 12

32.19 km

Distance

St. Peter Catholic School

Public • 7 - 12

32.19 km

Distance

École secondaire publique Marc-Garneau

Public • 6 - 12

32.19 km

Distance

St. Paul Catholic Secondary School

Public • 9 - 12

32.19 km

Distance

Trenton Christian School

Private • 7 - 12

20 km

Distance

Sales & Tax History

Source: Public Records

Walkability in ON / K8V4R4

Source: Walkscore

37/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

47/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 0/100, Bike Score: 31/100.

Points of interest near 527 FRONT STREET, Quinte West, ON K8V4R4

395 m

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0.6 km

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0.79 km

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1.01 km

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174 m

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321 m

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174 m

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0.79 km

Distance

277 m

Distance

Esso, Quinte West, ON, Canada

Transport Professional

0.93 km

Distance

433 m

Distance

0.83 km

Distance

0.98 km

Distance

0.99 km

Distance

0.7 km

Distance

81 m

Distance

227 m

Distance

354 m

Distance

0.84 km

Distance

1.01 km

Distance

Frequently Asked Questions for 527 FRONT STREET

Source: Realty.com

527 FRONT STREET, Quinte West, ON K8V4R4 is a Quadruplex, Residential property listed for $589,900 The property is 2000 sq. ft with 4 bedrooms and 4 bathrooms

Realty.com has 40 photos of 527 FRONT STREET.

The full address for this home is 527 FRONT STREET, Quinte West, ON K8V4R4.

527 FRONT STREET has been listed on Realty.com since Mon November 04, 2024

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 0/100, Bike Score: 31/100.

Listing provided courtesy of: ROYAL LEPAGE PROALLIANCE REALTY (tel: (613) 394-4837)
Listing agent: JASON BALLAS (tel: (613) 394-4837)

This content last refreshed on 2024-12-20 08:52:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 527 FRONT STREET, Quinte West, ON K8V4R4 : MLS® X10408156

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