38 Marmora Street, Quinte West
38 Marmora Street, Quinte West
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23 Photos
- MLS®: 1384787
- Added: 27 days ago
Property Details
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:1945)
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Property Information
- Sewer: Municipal sewage system
- Heating: Radiant heat, Natural gas
- List AOR: Ottawa
- Stories: 2
- Tax Year: 2024
- Year Built: 1983
- Photos Count: 23
- Water Source: Municipal water
- Parcel Number: 404000026
- Parking Total: 6
- Common Interest: Freehold
- Association Name: Strongback Property -
- Tax Annual Amount: 3099
- Exterior Features: Brick
- Foundation Details: Stone, Block
- Lot Size Dimensions: 52 ft X 125 ft
- Zoning Description: R4
- Number Of Units Total: 5
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