Property Details

527 FRONT Street, Trenton, Ontario, K8V4R4

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For sale, ID#: 40348906
527 FRONT Street
Trenton Ontario
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4 Beds
4 Bath
$600,000

Great condition, purpose-built FOURPLEX in Trenton. Fully occupied with mostly long-tern tenants that actually care for the property. Good revenue-generating property produces over $39,000 of gross rental income & hydro, water/sewer are metered separately. Landlord pays gas as property has one centralized natural gas furnace but 4 separate hydro & water meters. CAP RATE of over 5%. There are four units in total, 2 on main/upper level & 2 on lower. All units have their own entrances AND emergency exit doors. Each unit also has their own patio areas as well as a large, fenced yard. Unit 1 pays $650/mth +hydro & water/sewer. Tenant has been there for approx. 11yrs. 1 bd, 1bath unit in excellent condition including: hdwd flooring, dark cabinets & tile in kitchen. Unit 2 is also in great condition & tenant has been there since Sept. 2021. Tenant pays $875/month +hydro & water/sewer. Includes: fridge, stove, hdwd flooring & has 1 bd, 1 bath. Unit 3 is a lower lvl unit with 1 bd, 1 bath. Tenant has been there 4.5yrs & pays $650/mth +hydro, water/sewer. Unit has tile in living rm & kitchen. Unit 4 has just recently been renovated with brand new vinyl flooring, new bath & updated kitchen. Tenant pays $1100/mth +hydro, water/sewer & has 1 yr lease commencing Nov 1, 2022. Includes fridge & stove. Great income producing property with the benefit of excellent tenants. Income statement available upon request as well as actual expense bills available including: taxes, insurance, HWT rental & gas expenses. 24hrs minimum notice for all showings. (id:2471)

Representatives
Diana Cassidy-Bush Team
Diana Cassidy-Bush TeamSales Representatives
Royal LePage ProAlliance Realty Brokerage - Tweed
Property Details
  • Property Address: 527 FRONT Street, Trenton, Ontario, K8V4R4
  • Property Type: Multi-family
  • Zoning Description: R3
  • Title: Freehold
  • Lot Size: 0.158
  • Acreage: 0.158 ac|under 1/2 acre
  • Sewage Type: Municipal sewage system
  • Water Type: Municipal water
  • Access: Road access
  • Total Parking Spaces: 4
  • Amenities Nearby: Airport, Golf Nearby, Hospital, Park, Playground, Schools, Shopping
Structure Details
  • Structure Style: Fourplex
  • Style: Detached
  • Storeys: 1
  • Floor Space: 2500
  • Bedrooms: 4
  • Bathrooms: 4-Total
  • Basement Type: Full (Finished)
  • Heating Type: Natural gas, Forced air
  • Cooling: None
  • Exterior Type: Stucco, Vinyl siding
Amenities / Features
  • Park/reserve
  • Golf course/parkland
  • Paved driveway
  • Crushed stone driveway
  • In-Law Suite
  • Landscaped
  • Community Centre
External Documents
Neighbourhood Information

Listing Offices: Royal LePage ProAlliance Realty, Brokerage

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527 FRONT Street, Trenton, Ontario, K8V4R4

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