Property Details

527 FRONT Street, Trenton, Ontario, K8V4R4

527 FRONT Street, Trenton, Ontario, K8V4R4 (ID 40348906)
Representative
Guarantee Pro Realty Inc. Brokerage
Guarantee Pro Realty Inc. Brokerage - Peterborough
Tel: 705-741-1113
Website

$600,000 - For sale

ID#:40348906

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)

Location DescriptionFRONT STREET TO NICHOLAS STREET TO FRONT STREET

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Property Details
  • Property Address:527 FRONT Street, Trenton, Ontario, K8V4R4
  • Property Type:Multi-family
  • 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
  • Parking Space Total:4
Structure Details for 527 FRONT Street, Trenton, Ontario, K8V4R4
  • Structure Style:Fourplex
  • Bedrooms:4
  • Bathrooms:4
  • Floor Space:2500
  • Heating Type:Natural gas, Forced air
  • Style:Detached
  • Storeys:1
  • Basement Type:Full (Finished)
  • Cooling Type:None
  • Rental Equipment:Water Heater
  • Exterior Type:Stucco, Vinyl siding
Amenities for 527 FRONT Street, Trenton, Ontario, K8V4R4 Park/reserve, Golf course/parkland, Paved driveway, Crushed stone driveway, In-Law Suite, Landscaped, Community Centre
  • Amenities Nearby:Airport, Golf Nearby, Hospital, Park, Playground, Schools, Shopping
Representative
Guarantee Pro Realty Inc. Brokerage
Guarantee Pro Realty Inc. Brokerage - Peterborough
Tel: 705-741-1113
Website
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527 FRONT Street, Trenton, Ontario, K8V4R4

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