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:13843)
| MLS # | X13548206 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 57 |
| Listing Provided By | EKORT REALTY LTD. | Jamie Troke |
| SQ Feet | 19,994 |
|---|---|
| Zoning | CC & R4 |
| Tax Annual Amount | 27541.41 |
|---|
| Province | ON |
|---|---|
| City | Quinte West (Trenton Ward) |
| Postal Code | K8V3S1 |
| Listing VS Median (in K8V3S1) | |
Price: $3,500,000 low | high Med: $3,500,000 sqft: 19,994 low | high Med: 19,994 $ / sqft: $175 low | high Med: $175 On site: 57 low | high Med: 57 | |
| Province | ON |
|---|---|
| City | Quinte West (Trenton Ward) |
| Postal Code | K8V3S1 |
| Listing VS Median (in K8V3S1) | |
Price: $3,500,000 low | high Med: $3,500,000 sqft: 19,994 low | high Med: 19,994 $ / sqft: $175 low | high Med: $175 On site: 57 low | high Med: 57 | |