540 Old Hwy 2, Quinte West, Ontario K8V 5P5

Listed for:
$1,400,000
0 beds
0 baths
Listed 9 days ago
Multi-Family for rent: 540 Old Hwy 2, Quinte West, Ontario K8V 5P5

View all 9 photos

About

1st Avenue. This turnkey investment property features two fully leased buildings with strong, consistent income potential. Building 1 includes seven residential units and one commercial space, offering an attractive mix of revenue streams. The residential component consists of four spacious two-bedroom apartments and three one-bedroom apartments, appealing to a broad tenant base. The commercial unit features an approximately 800 sq ft. garage/workshop, adding valuable commercial income potential. Building 2 offers two additional residential units, including a bright ground-floor two-bedroom apartment and a well-appointed two-bedroom basement apartment. With dependable tenants already in place and a balanced mix of residential and commercial occupancy, this property represents an excellent opportunity for investors seeking stable cash flow and long-term portfolio growth. (id:27476)

Property Highlights

MLS® Number
X13101894
Type
Multi-family
Community Name
Sidney Ward
Land Size
0.523 ac

Building

Building Type
Multi-Family
Square Footage
7350 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters, Forced air
Heating Fuel
Natural gas
Building Cooling Type
Partially air conditioned

Utilities

Water
Municipal water
Utility Sewer
Septic System

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE PROALLIANCE REALTY
MLS® number:
X13101894
Agent:
Matthew Cooke
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).