38 Marmora St, Quinte West MLS Number: X8263396
Quinte West, Hastings, ON, K8V 2H6$700,000
Status: OFF MARKET
- Property Type: Commercial (Investment)
- Property Taxes : $3099.00 (Tax Year:2024)
- Listing Courtesy : Century 21 Synergy Realty Inc.
Maximum 4 project can be compared at one go.
$700,000
Status: OFF MARKET
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X8263396 |
| Listing Type | :Sale |
| Property Age | :31-50 Years |
| Possession Date | : |
| Last Updated | :23 Apr, 2024 (590 Days ago) |
| Source | :TRREB |
| Area | :Hastings |
|---|---|
| Postal Code | :
K8V 2H6
|
| Price | : $700,000 |
|---|---|
| Property Taxes | :$3099.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :Dundas |
|---|
| Fireplace/Stove | :No |
|---|
23 Apr, 2024
TREB #X8263396
Available
$700000.0