Property Details

82-84 WEST Street, Quinte West, Ontario, K8V2M1

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For sale, ID#: 40306875
82-84 WEST Street
Quinte West Ontario
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8 Beds
4 Bath
$599,900

4-PLEX MULTI-RESIDENTIAL, now available to add to your investment portfolio! This property is fully tenant occupied with each unit having 2 bedrooms. Units are separately metered and tenants pay for their own water and hydro. Landlord pays property tax and insurance. Tenants pay rent month-to-month. The monthly rents are Unit 82 1/2 - $1,100; Unit 82-$675.00; Unit 84-$690.00 and Unit 84 1/2 - $500 for a total of $2,965 monthly. Gross Operating income of $35,580.00/yr. The Landlord pays approximately $300/month insurance. Net Operating Income of $29,368.07/yr. Cap Rate of 5%. Tenant parking is provided at the front of the building and there is a backyard with a patio area for Tenants to share use. The property does have a single car garage for additional storage (needs TLC). The units are a mirror image of each other with two units on the main level and 2 in the basement. One unit has wheelchair access at the front entry. 3 units have been updated in the past. Appliances are included (4 fridges, 4 stoves) AS IS. There are no washer/dryer hookups with this property. Minimum 36 hour advance notice is required for all showings. Offers welcome anytime. (id:2471)

Representative
Kelly Boutilier
Kelly BoutilierSales Representative
EXIT Realty Group Brokerage - Trenton
Property Details
  • Property Address: 82-84 WEST Street, Quinte West, Ontario, K8V2M1
  • Property Type: Multi-family
  • Zoning Description: R3
  • Title: Freehold
  • Lot Size: 0.204
  • Acreage: 0.204 ac|under 1/2 acre
  • Sewage Type: Municipal sewage system
  • Water Type: Municipal water
  • Access: Water access, Highway access
  • Driveway: Detached Garage
  • Total Parking Spaces: 9
  • Amenities Nearby: Golf Nearby, Hospital, Marina, Park, Place of Worship, Playground, Schools, Shopping
Structure Details
  • Structure Style: Fourplex
  • Style: Detached
  • Storeys: 1
  • Floor Space: 1435
  • Bedrooms: 8
  • Bathrooms: 4-Total
  • Basement Type: Full (Finished)
  • Heating Type: Electric, Baseboard heaters
  • Cooling: None
  • Exterior Type: Stucco
  • Foundation Type: Stone
  • Appliances Included: Water meter
Amenities / Features
  • Park/reserve
  • Golf course/parkland
  • Crushed stone driveway
External Documents
Neighbourhood Information

Listing Office: Exit Realty Group, Brokerage

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82-84 WEST Street, Quinte West, Ontario, K8V2M1

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