This turnkey investment property features two fully leased buildings with strong, consistent income potential. Building 1 includes seven residential units and one commercial space, offering an attractive mix of revenue streams. The residential component consists of four spacious two-bedroom apartments and three one-bedroom apartments, appealing to a broad tenant base. The commercial unit features an approximately 800 sq ft. garage/workshop, adding valuable commercial income potential. Building 2 offers two additional residential units, including a bright ground-floor two-bedroom apartment and a well-appointed two-bedroom basement apartment. With dependable tenants already in place and a balanced mix of residential and commercial occupancy, this property represents an excellent opportunity for investors seeking stable cash flow and long-term portfolio growth. (id:13843)
| MLS # | X13101894 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 176 |
| Listing Provided By | Royal LePage ProAlliance Realty | MATTHEW COOKE |
| SQ Feet | 7,350 |
|---|---|
| Zoning | CR |
| Acreage | 0.52 |
| Cooling | Partially air conditioned |
|---|---|
| Heating | Baseboard heaters, Forced air, Natural gas |
| Fireplace Yes / No | No |
| Lot Features | Irregular lot size |
|---|
| Sewer | Septic System |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 15005.43 |
|---|
| Province | ON |
|---|---|
| City | Quinte West (Sidney Ward) |
| Postal Code | K8V5P5 |
| Listing VS Median (in K8V5P5) | |
Price: $1,400,000 low | high Med: $302,500 sqft: 7,350 low | high Med: 900 $ / sqft: $190 low | high Med: $356 On site: 176 low | high Med: 178 | |
| Province | ON |
|---|---|
| City | Quinte West (Sidney Ward) |
| Postal Code | K8V5P5 |
| Listing VS Median (in K8V5P5) | |
Price: $1,400,000 low | high Med: $302,500 sqft: 7,350 low | high Med: 900 $ / sqft: $190 low | high Med: $356 On site: 176 low | high Med: 178 | |