Karla Knows Quinte!

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613 848 2252 


LOADING

527 Front Street Trenton, Ontario K8V 4R4

4 Bedroom 4 Bathroom 2500
None Forced Air Landscaped

$600,000

Great condition, purpose-built FOURPLEX in Trenton. Fully occupied with mostly long-tern tenants that actually care for the property. Good revenue-generating property produces over $39,000 of gross rental income & hydro, water/sewer are metered separately. Landlord pays gas as property has one centralized natural gas furnace but 4 separate hydro & water meters. CAP RATE of over 5%. There are four units in total, 2 on main/upper level & 2 on lower. All units have their own entrances AND emergency exit doors. Each unit also has their own patio areas as well as a large, fenced yard. Unit 1 pays $650/mth +hydro & water/sewer. Tenant has been there for approx. 11yrs. 1 bd, 1bath unit in excellent condition including: hdwd flooring, dark cabinets & tile in kitchen. Unit 2 is also in great condition & tenant has been there since Sept. 2021. Tenant pays $875/month +hydro & water/sewer. Includes: fridge, stove, hdwd flooring & has 1 bd, 1 bath. Unit 3 is a lower lvl unit with 1 bd, 1 bath. Tenant has been there 4.5yrs & pays $650/mth +hydro, water/sewer. Unit has tile in living rm & kitchen. Unit 4 has just recently been renovated with brand new vinyl flooring, new bath & updated kitchen. Tenant pays $1100/mth +hydro, water/sewer & has 1 yr lease commencing Nov 1, 2022. Includes fridge & stove. Great income producing property with the benefit of excellent tenants. Income statement available upon request as well as actual expense bills available including: taxes, insurance, HWT rental & gas expenses. 24hrs minimum notice for all showings. (id:47564)

Property Details

MLS® Number 40348906
Property Type Multi-family
Amenities Near By Airport, Golf Nearby, Hospital, Park, Playground, Schools, Shopping
Community Features Community Centre
Equipment Type Water Heater
Features Park/reserve, Golf Course/parkland, Paved Driveway, Crushed Stone Driveway, In-law Suite
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Total 4
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Stucco, Vinyl Siding
Fire Protection Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 2500
Type Fourplex
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Airport, Golf Nearby, Hospital, Park, Playground, Schools, Shopping
Landscape Features Landscaped
Sewer Municipal Sewage System
Size Depth 119 Ft
Size Frontage 37 Ft
Size Irregular 0.158
Size Total 0.158 Ac|under 1/2 Acre
Size Total Text 0.158 Ac|under 1/2 Acre
Zoning Description R3

Utilities

Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/25060881/527-front-street-trenton


Jason Ballas
Salesperson

(613) 394-4837
(613) 394-2897
(800) 263-2177
www.jasonballas.com
Royal LePage ProAlliance Realty, Brokerage
253 Dundas Street East, Unit B
Trenton, Ontario K8V 1N1

(613) 394-4837
(613) 394-2897
www.discoverroyallepage.com

Rochelle Ballas
Salesperson

(613) 243-8959
(613) 394-2897
Royal LePage ProAlliance Realty, Brokerage
253 Dundas Street East
Trenton, Ontario K8V 1M1

(613) 394-4837
(613) 394-2897
www.discoverroyallepage.com

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