Karla Knows Quinte!
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613 848 2252
82-84 West Street Quinte West, Ontario K8V 2M1
$579,900
4-PLEX MULTI-RESIDENTIAL, now available to add to your investment portfolio! This property is fully tenant occupied with each unit having 2 bedrooms. Units are separately metered and tenants pay for their own water and hydro. Landlord pays property tax and insurance. Tenants pay rent month-to-month. The monthly rents are Unit 82 1/2 - $1,100; Unit 82-$675.00; Unit 84-$690.00 and Unit 84 1/2 - $500 for a total of $2,965 monthly. Gross Operating income of $35,580.00/yr. The Landlord pays approximately $300/month insurance. Net Operating Income of $29,368.07/yr. Cap Rate of 5%. Tenant parking is provided at the front of the building and there is a backyard with a patio area for Tenants to share use. The property does have a single car garage for additional storage (needs TLC). The units are a mirror image of each other with two units on the main level and 2 in the basement. One unit has wheelchair access at the front entry. 3 units have been updated in the past. Appliances are included (4 fridges, 4 stoves) AS IS. There are no washer/dryer hookups with this property. Minimum 36 hour advance notice is required for all showings. Offers welcome anytime. (id:47564)
Property Details
| MLS® Number | 40354900 |
| Property Type | Multi-family |
| Amenities Near By | Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Schools, Shopping |
| Communication Type | High Speed Internet |
| Equipment Type | Water Heater |
| Features | Park/reserve, Golf Course/parkland, Crushed Stone Driveway |
| Parking Space Total | 9 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 8 |
| Appliances | Water Meter |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Stucco |
| Fire Protection | Smoke Detectors |
| Fixture | Ceiling Fans |
| Foundation Type | Stone |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 1 |
| Size Interior | 1435 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Access Type | Water Access, Highway Access |
| Acreage | No |
| Land Amenities | Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 71 Ft |
| Size Irregular | 0.204 |
| Size Total | 0.204 Ac|under 1/2 Acre |
| Size Total Text | 0.204 Ac|under 1/2 Acre |
| Zoning Description | R3 |
Utilities
| Electricity | Available |
https://www.realtor.ca/real-estate/25108315/82-84-west-street-quinte-west
309 Dundas Street East
Trenton, Ontario K8V 1M1
(613) 394-1800
(613) 394-9900
www.exitrealtygroup.ca/
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 02 2022 03:00:36
Quinte & District Association of REALTORS® Inc.
Exit Realty Group, Brokerage