38 Marmora Street Quinte West, Ontario K8V 2H6
Radiant Heat
$700,000
This listing presents a fully rented five-plex located in the heart of Trenton. The property is well-maintained, boasting a central location that adds to its appeal. Each of the five units is separately metered, allowing tenants to pay their own utilities, which is a desirable feature for both landlords and tenants. The building is equipped with gas heating and a newer boiler, ensuring reliable and efficient heating. Additionally, the plumbing and electrical systems have been updated, providing peace of mind for the new owner. The property includes a full basement with a walk-out, which could be used for storage or other purposes. One of the most notable features of this investment is its impressive capitalization rate (cap rate), indicating a strong return on investment. This solidly built and well-managed five-plex presents a valuable opportunity for investors seeking a profitable and stable property in Trenton. (id:51013)
Property Details
| MLS® Number | 1384787 |
| Property Type | Multi-family |
| Neigbourhood | Quinte West |
| Parking Space Total | 6 |
Building
| Constructed Date | 1983 |
| Exterior Finish | Brick |
| Foundation Type | Block, Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 125 Ft |
| Size Frontage | 52 Ft |
| Size Irregular | 52 Ft X 125 Ft |
| Size Total Text | 52 Ft X 125 Ft |
| Zoning Description | R4 |
https://www.realtor.ca/real-estate/26713849/38-marmora-street-quinte-west-quinte-west
Contact Us
Contact us for more information
Michael Reid
Salesperson
Century 21 Synergy Realty Inc
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9
(613) 317-2121
(613) 903-7703
www.c21synergy.ca/
Curtis Murphy
Salesperson
curtis-murphy.c21.ca/
Century 21 Synergy Realty Inc
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9
(613) 317-2121
(613) 903-7703
www.c21synergy.ca/
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April 05 2024 09:11:30
Ottawa Real Estate Board
Century 21 Synergy Realty Inc
