370 MEYERS CREEK Road, Quinte West (Sidney Ward), Ontario K8V5P8

Listing courtesy of EXP REALTY, BROKERAGE.

$484,900
6
BD
2
BA

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List Price
$484,900
Price Change
▼ $5,000 1789412533
MLS®
X13589488
Days on Market
72
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
6
Bathrooms
2
Lot Size Dimensions
82 x 282.4 FT
Subdivision
Sidney Ward

Property Description

Turnkey duplex investment opportunity! Whether you are looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained duplex is an excellent opportunity. Currently generating $42,000 in annual gross rental income, this property offers immediate cash flow with 2 self-contained units and a strong investment profile. The property features 2 spacious 3-bedroom units, ample parking, separate living spaces, and a low-maintenance lot. Located on a spacious rural lot in a desirable area close to CFB Trenton, schools, shopping, parks, and everyday amenities, it appeals to both tenants and future homeowners alike. With a 5.97% cap rate at the asking price, this income-producing property offers positive cash flow potential and long-term upside. Whether you're a seasoned investor or entering the rental market for the first time, this is an opportunity you will not want to miss. (id:5764)

Additional Information

Subdivision
Sidney Ward
Parking Spaces
6
Cooling
Window air conditioner
Country
Canada
Sewer
Septic System
Heating
Forced air, Propane
Lot Features
Wooded area, Irregular lot size, Flat site
Architectural Style
Bungalow
Stories
1

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Calculator source: Real Geeks