158 Dundas Street West, Suite 156-158 Dundas (Trenton, Ontario, CA - K8V 1L4) Built

SOLD $204,900
DUPLEX. Great cap rate!

ReMax Quinte LTD

Jason Wood Jason Wood 613 392-6594 (Office) 613 885-2848 (Cell) 613 394-3394 (Fax) Request More Info

  • Tenants pay all utilities.
  • Type: Multifamily
  • Style: 2 Storey
  • Bedrooms: 3
  • Bathrooms: 2
  • Development Level: Built
  • Lot Type: Corner
  • Lot Size: 66ft x 82ft
  • Taxes: $1,372.00 (2017)
  • MLS ® #: 137124

Description

Up and down duplex in Trenton. Each apartment is separately metered and tenants pay all utilities. Fridge, stove, washer & dryer in each unit. 2 hot water tanks owned. Long term tenants. Partially fenced yard. Great location on West side, short 1-minute walk to the downtown core. Groceries, Shopping, banks, restaurants, cinema and the marina all within a short walk from the house. Gross income of $18540 per year. Good cap rate of 7% with lots of room for growth. There has not been a rent increase in past 4 years as the tenants are very good. Undervalued rent rates and very low maintenance building. Good size 2 bedroom apt downstairs & 1 bedroom up. Parking for 2-3 vehicles. 24 hours notice required for all showings.

Directions: HIGHWAY 2 WEST OF DOWNTOWN AREA. NORTHEAST CORNER OF DUNDAS ST. AND VICTORIA ST. NORTH SIDE OF ROAD. #158 DUNDAS ST. W. TRENTON

Attachments

P2#273140366
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