6 Bedroom
3 Bathroom
1500 - 2000 sqft
Other
$349,900
Why settle for a duplex when you can invest in a triplex? This affordable income-generating property in the heart of town represents a smart move for any investor. Fully tenanted with long-term, reliable renters, this well-maintained triplex brings in a solid gross annual income of $25,380 & offers a mix of units to appeal to a variety of renters from a cozy bachelor suite to a spacious three-bedroom. Set on a generous corner lot, the property boasts multiple driveways, a detached double garage with private access, & separate entrances for added convenience. The exterior is finished in a combination of stucco & vinyl siding, with a shared deck on the north side providing access to two of the units. Unit 1 is a three-bedroom, one-bath upper-level unit, rented at $630/month plus utilities. The tenant has called this home for about five years & enjoys gas heating, two parking spaces, in-unit laundry (tenant-owned appliances), & exclusive use of the detached garage. Unit 2 is a two-bedroom, one-bath main-level unit rented at $850/month plus gas. With two private entrances & laundry located in the foyer, this unit has been home to the same tenant for approx. 9 years. It also includes gas heating & two dedicated parking spaces. Unit 3, located on the lower level, is a tidy bachelor apartment featuring an open-concept layout with kitchen, living, & sleeping areas. It's rented at $635/month all-inclusive, heated with electric baseboard, & includes appliances provided by the landlord. The unit has a private driveway & two parking spots, & the tenant has been in place for six years. The property features separate metering for hydro & water (one unit fully separate, two share a meter), & individual hot water tanks for each unit. Best of all, tenants handle their own lawn care & snow removal, making this a low-maintenance addition to your real estate portfolio. Detailed income & expense information is available don't miss out on this turn-key investment opportunity! (id:49187)
Property Details
|
MLS® Number
|
X12464951 |
|
Property Type
|
Multi-family |
|
Neigbourhood
|
Trenton |
|
Community Name
|
Trenton Ward |
|
Amenities Near By
|
Hospital, Park, Public Transit, Schools |
|
Community Features
|
Community Centre |
|
Equipment Type
|
Water Heater - Gas, Water Heater |
|
Features
|
Level Lot, Irregular Lot Size, Level |
|
Parking Space Total
|
8 |
|
Rental Equipment Type
|
Water Heater - Gas, Water Heater |
|
Structure
|
Deck |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
5 |
|
Bedrooms Below Ground
|
1 |
|
Bedrooms Total
|
6 |
|
Age
|
51 To 99 Years |
|
Amenities
|
Separate Heating Controls, Separate Electricity Meters |
|
Appliances
|
Water Heater, Water Meter |
|
Basement Features
|
Apartment In Basement, Separate Entrance |
|
Basement Type
|
N/a |
|
Exterior Finish
|
Vinyl Siding, Stucco |
|
Foundation Type
|
Stone |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Other |
|
Stories Total
|
2 |
|
Size Interior
|
1500 - 2000 Sqft |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Park, Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
100 Ft ,7 In |
|
Size Frontage
|
31 Ft ,6 In |
|
Size Irregular
|
31.5 X 100.6 Ft ; Back Corner Cut Off 125.01 Long Side |
|
Size Total Text
|
31.5 X 100.6 Ft ; Back Corner Cut Off 125.01 Long Side|under 1/2 Acre |
|
Zoning Description
|
R3 |
Utilities
|
Cable
|
Available |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/28995351/166-west-street-quinte-west-trenton-ward-trenton-ward