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$629,900

Quinte West (Trenton Ward) ON, K8N 2Z6

MLS® # X12414637

Property Information:

Solid cash-flowing 4-PLEX in the heart of Trenton generating over $4,200/month in rental income, plus additional revenue from coin laundry, with tenants covering their own hydro and water. This well-maintained building features two 2-bed, 1-bath units and two 1-bed, 1-bath units, each with separate entrances. Fully separately metered with 5 hydro meters, 5 water meters, and 4 hot water tanks. Stable tenant profile with consistent, timely rent payments. New Metal roof installed 2 years ago. Situated on a large 66x132 lot with 2 driveways, a fenced yard, and future development potential. Walkable to Trenton Memorial Hospital, downtown shops, grocery stores, banks, restaurants, City Hall, Trent Port Marina, Quinte West Public Library, and more! Plus just a 10-minute drive to CFB Trenton. Trenton is ranked 4th in the fastest growing cities in Canada - this is your opportunity to secure a low-maintenance, income-producing asset in a strong rental market with long-term upside. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Air Conditioning: Yes
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: N/A, N/A
  • Exterior Finish: Vinyl siding
  • Fire Protection: Security system
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Concrete
  • Cooling Type: Window air conditioner
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 4
  • Amenities Nearby: Park, Schools, Hospital
  • Fence Type: Fenced yard
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 132.0 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 x 132 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 5

Rooms:

  • Living 2nd Level 4.61 m x 4.16 m
  • Living 2nd Level 4.56 m x 4.07 m
  • Living Main Level 4.78 m x 4.23 m
  • Living Main Level 4.61 m x 4.15 m

Convert Measurement to:


Courtesy of: EXP REALTY

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 17 SPRING STREET, Quinte West (Trenton Ward), Ontario, K8N 2Z6

Demographic Information of 17 SPRING STREET, Quinte West (Trenton Ward), Ontario, K8N 2Z6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$77,299.34

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.35 %

High school certificate or equivalent

42.81 %

Apprenticeship trade certificate/diploma

5.58 %

College/non-university certificate

23.36 %

University Degree

5.9 %

Commuter

Travel To Work

By Car

86.86 %

By Public Transit

0.0 %

By Walking

7.89 %

By Bicycle

0.0 %

By Other Methods

5.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

44.82 %

Houses

55.18 %

Own Vs. Rent