$649,900

527 FRONT ST
Quinte West, Ontario K8V4R4

ID# X8048774
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. Great Income Producing Property & Excellent Tenants. Income Statement Avail Upon Request. (id:54822)

Jason Ballas
Sales Representative

e-Mail Jason Ballas
office: 613.394.4837
Visit Jason's Website

Rochelle Ballas
Sales Representative

e-Mail Rochelle Ballas
o: 613-394-2837
c: 613-243-8959

Listed on: February 06, 2024

On market: 17 days
Bathroom Total 4
Bedrooms Total 4
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 1

Head Office

Royal LePage ProAlliance Realty, Brokerage

357 Front Street Empire Square

Belleville, OntarioK8N 2Z9


Bus: (613) 966-6060

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