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$449,900
Available - For Sale
Listing ID: X8251202
Solid investment opportunity with this brick & stucco side-by-side duplex. One unit fully occupied & the other unit recently empty & ready for the next owner to choose their own tenant & set their own rents. No need to assume tenancies with rents far too low, this multi-residential home can provide positive cash flow right away. Both units metered separately for: gas, hydro & water/sewer. Unit A is a 2 bed, 1 bath, 2sty unit with tenant paying $1600/mth ++. Tenant has been in place since Dec. 2023 & has a 1yr lease. Unit has a wrap-around front porch, fully fenced backyard & 1 parking spot. Heating is gas wall furnace & Electric baseboards. Unit B is vacant & ready for the open market. This bungalow layout has 2 bdrms, 1 bath, formal living rm & dining rms, eat-in kitchen & patio door to fenced backyard. It also has full, unfinished bsmt with laundry plus: hdwd flooring, ornate woodwork, crown moulding, gas furnace, C/Air & 1 parking spot. Great addition to your investment portfolio.
Extras:   Projected rent for vacant unit is approx. $2000/mth++ for a total potential GROSS rent of $43,200 annually. Duplex includes: 2 fridges, 2 stoves, 2 sets of washers/dryers, 2 HWTs (all owned by Landlord). Minimal landlord expenses.
Price $449,900
Taxes: $2,821.49
Assessment: $188000
Assessment Year: 2023
Address: 12 Richard St , Quinte West, K8V 1V1, Ontario
Lot Size: 43.19 x 99.95 (Feet)
Acreage: < .50
Directions/Cross Streets: Sidney Street
Rooms: 10
Rooms +: 0
Bedrooms: 4
Bedrooms +: 0
Washrooms: 2
Kitchens: 2
Kitchens +: 0
Family Room: N
Basement: Full
Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 10.66 8.50
Room 2: Main Dining 11.32 14.24
Room 3: Main Living 17.74 11.41
Room 4: 2nd 2nd Br 13.58 6.99
Room 5: 2nd Prim Bdrm 16.50 11.15
Room 6: Main Prim Bdrm 11.74 9.84
Room 7: Main Living 18.99 11.68
Room 8: Main 2nd Br 11.74 9.51
Room 9: Main Dining 11.58 9.58
Room 10: Main Kitchen 11.32 11.48
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 2nd
Property Type: Duplex
Style: 1 1/2 Storey
Exterior: Brick
Stucco/Plaster
Garage Type: None
(Parking/)Drive: Pvt Double
Drive Parking Spaces: 2
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
Property Features: Fenced Yard
Golf
Hospital
Marina
Park
School
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Laundry Level: Lower
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Cable: A
Utilities-Hydro: Y
Utilities-Gas: Y
Utilities-Telephone: A
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ROYAL LEPAGE PROALLIANCE REALTY

12 Richard St , Quinte West, K8V 1V1, Ontario

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MD Ashraful Bari
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Duplex
Area: Hastings
Municipality: Quinte West
Neighbourhood:
Style: 1 1/2 Storey
Lot Size: 43.19 x 99.95(Feet)
Approximate Age: 51-99
Tax: $2,821.49
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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