$ 530,000
-
$530,000
Price -
4
Bed -
4
Bath -
2,000
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 179014 -
Attention Investors! This is a remarkable opportunity to acquire a high-performing, income-generating fourplex in the heart of Trenton. Purpose-built for rental income, this fully occupied property features four 1-bedroom, 1-bathroom units two on the main level and two on the lower level each with its own main and secondary/emergency entrance. Every unit also enjoys a private patio space and access to a large, shared fenced yard. With utilities such as hydro and water/sewer metered separately (and gas expenses currently covered by the landlord), this property produces over $48,000 in gross annual rental income and boasts an impressive cap rate of over 6.5%. The tenant profile is strong, with several long-term residents who maintain their units with care. Unit 1 rents for $650/month plus utilities, with a tenant who has lived there for approximately 14 years. Unit 2, rented for $1,350/month plus utilities, has been occupied since July 2023 and remains in excellent condition. Unit 3, also at $650/month plus utilities, has a reliable tenant of 7 years. Unit 4, renovated in 2022 with new vinyl flooring, an upgraded kitchen, and a modern bathroom, is leased at $1,350/month plus utilities, with the current tenant having moved in as of January 1, 2025. All tenants are on month-to-month leases, offering the new owner maximum flexibility. This well-maintained and strategically designed fourplex presents a balanced and dependable investment opportunity, reducing vacancy risks while maximizing income potential. An income statement is available upon request. Visit my website for further details don't miss your chance to secure this outstanding property!
Listing Highlights for 527 Front St
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
X12374170
Year Built
Total Square Footage
2,000
Lot/Acreage
N/A
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished with Walk-Out,Separate Entrance
- Other: Primary Bedroom - Main Floor,Water Heater
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Asphalt Shingle
- Others: Landscaped
- Sewer: Sewer
- Parking Features: Private
Financial Details
- Tax Amount: $3,652
- Taxes w/Assessments: N/A
- Tax/Property ID: 403740158
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
527 Front St Quinte West, ON K8V 4R4
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of
