Great Cond, Purpose-Built Fourplex. Fully Occupied With Tenants That Care For Property. Good Revenue Property Produces Over $39,000 Of Gross Rental Income & Hydro, Water/Sewer Metered Separately (Landlord Pays Gas). Cap Rate Over 5%. Four Units In Total, 2 On Main & 2 On Lower. All Units Have 1 Bd, 1 Bath, Main Entrances And Emergency Exits. Each Unit Also Has Their Own Patio Areas Plus There Is Large, Fenced Yard. Unit 1 Pays $650/Mth +Hydro & Water/Sewer. Tenant Has Been There Approx. 11Yrs. 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 4.5Yrs & Pays $650/Mth +Hydro, Water/Sewer. Unit 4 Has Just Been Renovated With New Vinyl Flooring, New Bath & Updated Kitchen. Tenant Pays $1100/Mth +Hydro, Water/Sewer & Has 1 Yr Lease Commencing Nov 1, 2022. Great Income Producing Property & Excellent Tenants. Income Statement Avail Upon Request.
City: Quinte West
Located at 527 Front St , this Quinte West house was listed for $600,000. This house's size is 2000-2500 Sqft. It has 2 bedrooms and 4 bathrooms. The property includes the following rooms: . This property comes with 4 parking spots.
MLS#: X5825044 · $600,000 · 2 bedroom house in Quinte West