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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$464,900

Est. payment - /mo

6 Beds

2 Baths

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000 - 2500

Subdivision Sidney Ward

MLS® Listing ID X13589488

Style Bungalow

Bedrooms 6

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Basement 2.27 m X 9.02 m Utility room

Extra Room 2 Main level 3.45 m X 3.21 m Kitchen

Extra Room 3 Main level 3.54 m X 6.16 m Living room

Extra Room 4 Main level 4.38 m X 2.58 m Primary Bedroom

Extra Room 5 Main level 2.62 m X 4.55 m Bedroom 2

Extra Room 6 Main level 3.35 m X 2.46 m Bedroom 3

Interior

Heating Forced air

Cooling Window air conditioner

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Story 1

Sewer Septic System

Architectural Style Bungalow

Others

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Listed by EXP REALTY, BROKERAGE

Nearby School & Business

+1(250) 882-3335

alex@victoriahomes.com

370 MEYERS CREEK ROAD Quinte West, ON K8V5P8