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38 MARMORA STREET

Quinte West, Ontario K8V2H6

$700,000 for sale



MLS®:
1384787
Contract Days:
39
Community:
Quinte West
Ownership:
Freehold
Property Type:
R4
Total Size:
52 ft X 125 ft
Built Date:
1983
Parking:
6
Bedrooms:
+
Bathrooms:
Interior Features

Construction Style:
Total Stories:
2
Total Bedrooms:
Bedrooms Above Ground:
Bedrooms Below Ground:
Total Bathrooms:
Whole Bathrooms:
0
Half Bathrooms:
Basement Type:
Basement Development:
Appliances:
Exterior Features

Built Date:
1983
Exterior Finish:
Brick
Foundation Type:
Block, Stone
Utitilies

Heating Type:
Radiant heat
Heating Fuel:
Natural gas
Cooling Type:
Utility Water:
Municipal water
Sewer:
Municipal sewage system
Total Fireplaces:
Type
Level
Size

Note

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:19004)

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