ATTENTION INVESTORS - TRIPLEX WITH CITY-APPROVED 4TH UNIT IN DOWNTOWN FRANKFORD! Incredible opportunity to own a well-maintained, fully tenanted triplex in the heart of downtown Frankford with approval already in place from the city permitting the addition of a 4th unit - a major value-add opportunity for investors looking to significantly increase cash flow and property value. This pride-of-ownership property features a clean 2-bedroom upper unit, spacious 2-bedroom main floor unit, and a cozy 1-bedroom rear unit, all well maintained with excellent hassle-free tenants. Separately metered for hydro and water, the property offers efficient expense management and strong income potential. Detached garage provides additional storage space, while the unbeatable walkable location places tenants just minutes from Foodland, pharmacies, cafes, restaurants, the LCBO, and everyday amenities. Whether you're an investor looking for a turnkey income property with upside potential or a buyer wanting to live in one unit while the others help pay your mortgage, this is a rare opportunity in a growing community. Financials available. (id:13843)
| MLS # | X13128730 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 166 |
| Listing Provided By | eXp Realty | George Wang |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,500 |
| Garage | 5 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R3 |
| Cooling | None |
|---|---|
| Heating | Radiant heat, Natural gas |
| Appliances | Refrigerator, Stove, Water Heater |
| Fireplace Yes / No | No |
| Lot Features | In-Law Suite |
|---|---|
| Foundation Details | Stone |
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 5 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 3205 |
|---|
| Province | ON |
|---|---|
| City | Quinte West (Frankford Ward) |
| Postal Code | K0K2C0 |
| Listing VS Median (in K0K2C0) | |
Price: $529,900 low | high Med: $640,000 sqft: 1,500 low | high Med: 1,100 $ / sqft: $353 low | high Med: $582 On site: 166 low | high Med: 120 | |
| Province | ON |
|---|---|
| City | Quinte West (Frankford Ward) |
| Postal Code | K0K2C0 |
| Listing VS Median (in K0K2C0) | |
Price: $529,900 low | high Med: $640,000 sqft: 1,500 low | high Med: 1,100 $ / sqft: $353 low | high Med: $582 On site: 166 low | high Med: 120 | |