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

Fax: (613) 966-2904

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.