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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:48755)

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

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Michael Reid
Salesperson

(613) 882-4186

Century 21 Synergy Realty Inc
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9

(613) 317-2121
(613) 903-7703
www.c21synergy.ca/

Curtis Murphy
Salesperson

(613) 875-8400
curtis-murphy.c21.ca/

Century 21 Synergy Realty Inc
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9

(613) 317-2121
(613) 903-7703
www.c21synergy.ca/

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