19,994 sqft
Fully Air Conditioned Hot Water Radiator Heat, Forced Air
$3,500,000
Introducing an exceptional turnkey mixed-use investment opportunity. This well-maintained property consists of two buildings with a combined total of 21 rental units, including 16 tenanted residential apartments and 5 fully occupied commercial units. Building 1 features 5 commercial units and 8 residential apartments. The commercial component is anchored by established long-term tenants, including a pharmacy, doctor's office, dental office, driving school, and salon. Residential tenants in Building 1 benefit from a convenient coin-operated laundry facility, while the entire building is heated by a forced-air natural gas system. Building 2 consists of 8 fully leased residential apartments, each with its own private entrance and in-suite laundry, offering tenants a high level of privacy and convenience. Building 2 is equipped with gas hot water tanks, and the shingles have been replaced within the last eight years. The residential units consist of a desirable mix of 4 one-bedroom units and 12 two-bedroom units, all occupied by excellent long-term tenants with a strong rental history. With a proven tenant base, diversified commercial income, and numerous attractive features for both residential and commercial occupants, this property presents an outstanding opportunity for investors seeking a stabilized, income-producing asset with strong long-term upside. (id:58073)
Property Details
| MLS® Number | X13548206 |
| Property Type | Multi-family |
| Community Name | Trenton Ward |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat, Forced Air |
| Size Interior | 19,994 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 172 Ft |
| Size Frontage | 240 Ft |
| Size Irregular | 240 X 172 Ft |
| Size Total Text | 240 X 172 Ft |
| Zoning Description | Cc & R4 |
https://www.realtor.ca/real-estate/30016751/290-dundas-street-w-quinte-west-trenton-ward-trenton-ward