Residential Income in Quinte West (Sidney Ward)

CA$489,900

370 MEYERS CREEK, K8V5P8, Quinte West (Sidney Ward), ON

Residential Income for sale in Quinte West (Sidney Ward), 370 MEYERS CREEK, K8V5P8, 2000 m²

370 MEYERS CREEK, K8V5P8, Quinte West (Sidney Ward), ON

CA$489,900

6Bed
2Bath
2000
Type: Residential Income

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:55532)

Location

370 MEYERS CREEK, K8V5P8, Quinte West (Sidney Ward), ON

Data

Object TypeResidential Income
Purchase PriceCA$489,900
Living Space2000 m²
Plot SizeN/A
Bathrooms2
Construction YearN/A
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air, Propane
Primary Energy SourceN/A
Construction YearN/A
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent

R

Real Estate Agent