640 Front Street, Quinte West, Ontario K8V 4R7

Listed for:
$499,900
6 beds
3 baths
Listed 41 days ago
Triplex for rent: 640 Front Street, Quinte West, Ontario K8V 4R7

View all 45 photos

Learn more about this property
Listing provided by:
ROYAL LEPAGE PROALLIANCE REALTY
MLS® number:
X11976901
Agent:
Jason Ballas
*Indicates required field
Name is required
Email is required

About

Front Street/Wall Street Profitable Triplex at 640 Front St. Discover an exceptional investment opportunity w/ this positive cash-flow triplex located in the heart of Trenton, Ont. This property is a prime addition to any rental portfolio, offering stability & consistent income. Each unit is metered separately, ensuring minimal landlord expenses & maximizing your return on investment. Unit A is a spacious 3-bdrm, 1-bath, 2-sty unit with full bsmt. It features a charming front porch, 2 entrances, an eat-in kitchen, & hdwd floors throughout the living areas & upper-lvl bdrms. Recent upgrades include a new tub surround, a newer gas boiler system for hot water radiator heat, & a new owned HWT. With 2 allocated parking spots & a large fenced yard, this unit is perfect for families. The tenant has been in place for approx. 8 yrs, paying $1,116.02/mth plus utilities. Unit B is a bright 2-bdrm, 1-bath bungalow-style unit. The south-facing living rm boasts laminate floors & a picture window overlooking the rear yard. The spacious eat-in kitchen includes co-located laundry & a 2nd door to the backyard. This unit comes with 2 parking spots & a dedicated rear yard with gardens & fenced area. The tenant, who has been there for about 5 yrs, pays $1,200/mth plus utilities. Unit C is a 1-bdrm, 1-bath unit, currently vacant & ready for the next investor to select a tenant & set the rent. Recently refreshed, it features hdwd floors in the living rm, a functional kitchen, & a 3-pce. bathroom. 1 parking spot is located in front of the unit, with projected rent at $1,100/mth plus utilities. With over $40,000 in gross rental income, this triplex offers a stable investment opportunity more resistant to vacancies than a duplex. The property includes several updates & detailed income & expenses are available upon request. Many appliances are included, making this a turnkey investment. Seize the opportunity to own a profitable & stable triplex in Trenton. Inquire today for more information or to schedule a viewing! (id:27476)

Property Highlights

MLS® Number
X11976901
Type
Multi-family
Community Name
Trenton Ward
Land Size
86 x 127.8 FT ; \"L\" Shaped Lot|under 1/2 acre
Parking Space Total
5

Building

Building Type
Triplex
Storeys
2.00
Square Footage
1999.983 - 2499.9795 sqft
Bathrooms Total
3
Bedrooms Above Ground
6
Bedrooms Total
6
Amenities
Hospital, Marina, Public Transit
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Walk-up
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Bedroom
Second level
3.48 m x 5.6 m
Bedroom 2
Second level
3.85 m x 3.29 m
Primary Bedroom
Second level
3.78 m x 5.45 m
Kitchen
Main level
3.45 m x 6.31 m
Kitchen
Main level
1.98 m x 3.44 m
Bedroom
Main level
3.35 m x 3.63 m
Living room
Main level
3.7 m x 5.45 m
Living room
Main level
5.21 m x 3.56 m
Kitchen
Main level
5.03 m x 3.57 m
Bedroom
Main level
3.29 m x 3.05 m
Bedroom 2
Main level
3.23 m x 3.08 m
Living room
Main level
3.32 m x 3.44 m

Location