About this home

Turnkey duplex investment opportunity! Whether you are looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained duplex is an excellent opportunity. Currently generating $42,000 in annual gross rental income, this property offers immediate cash flow with 2 self-contained units and a strong investment profile. The property features 2 spacious 3-bedroom units, ample parking, separate living spaces, and a low-maintenance lot. Located on a spacious rural lot in a desirable area close to CFB Trenton, schools, shopping, parks, and everyday amenities, it appeals to both tenants and future homeowners alike. With a 5.97% cap rate at the asking price, this income-producing property offers positive cash flow potential and long-term upside. Whether you're a seasoned investor or entering the rental market for the first time, this is an opportunity you will not want to miss. (id:28469)

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Facts & features

Property

MLS® Number: X13589488
Property Type: Multi-family
Community Name: Sidney Ward
Amenities Near By: Golf Nearby
Easement: Unknown
Features: Wooded Area, Irregular Lot Size, Flat Site
Parking Space Total: 6
Structure: Porch

Building

Bathroom Total: 2
Bedrooms Above Ground: 6
Bedrooms Total: 6
Age: 31 To 50 Years
Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator
Architectural Style: Bungalow
Basement Development: Partially Finished
Basement Features: Walk-up
Basement Type: Full, N/a, N/a (partially Finished)
Cooling Type: Window Air Conditioner
Exterior Finish: Aluminum Siding, Brick
Fire Protection: Smoke Detectors
Foundation Type: Block
Heating Fuel: Propane
Heating Type: Forced Air
Stories Total: 1
Size Interior: 2,000 - 2,500 Sqft
Type: Duplex
Utility Water: Drilled Well

Parking

No Garage: —

Land

Acreage: No
Land Amenities: Golf Nearby
Sewer: Septic System
Size Depth: 282 Ft ,4 In
Size Frontage: 82 Ft
Size Irregular: 82 X 282.4 Ft
Size Total Text: 82 X 282.4 Ft|1/2 - 1.99 Acres
Zoning Description: Rr

Utilities

Cable: Available
Wireless: Available
Electricity Connected: Connected
Natural Gas Available: At Lot Line

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Rooms

Basement

Utility Room 2.27 m x 9.02 m

Main Level

Kitchen 3.45 m x 3.21 m
Living Room 3.54 m x 6.16 m
Primary Bedroom 4.38 m x 2.58 m
Bedroom 2 2.62 m x 4.55 m
Bedroom 3 3.35 m x 2.46 m
Bathroom 2.62 m x 1.54 m
Dining Room 2.41 m x 1.91 m
Living Room 3.56 m x 6.17 m
Primary Bedroom 2.62 m x 4.57 m
Bedroom 2 4.38 m x 2.55 m
Bedroom 3 3.35 m x 2.45 m
Bathroom 2.63 m x 1.49 m
Kitchen 3.45 m x 3.14 m
Dining Room 2.41 m x 1.98 m

Location

370 Meyers Creek Road, Quinte West, Ontario K8V 5P8 · Get directions