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38 MARMORA STREET
Quinte West, Ontario K8V2H6

$700,000

ID# 1384787

ABOUT THIS PROPERTY


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:25961)

PROPERTY DETAILS


Year Built 1983
Heating Type Radiant heat
Heating Fuel Natural gas
Stories Total 2

Property Type


Multi-family
Courtesy of CENTURY 21 SYNERGY REALTY INC
Listed on: April 04, 2024

On market: 35 days

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