12 RICHARD STREET

Quinte West, Ontario

12 RICHARD STREET, Quinte West, Ontario, K8V1V1
Bathrooms2 Bedrooms4
Property TypeSingle Family

Solid investment opportunity with this brick & stucco side-by-side duplex. One unit fully occupied & the other unit recently empty & ready for the next owner to choose their own tenant & set their own rents. No need to assume tenancies with rents far too low, this multi-residential home can provide positive cash flow right away. Both units metered separately for: gas, hydro & water/sewer. Unit A is a 2 bed, 1 bath, 2sty unit with tenant paying $1600/mth ++. Tenant has been in place since Dec. 2023 & has a 1yr lease. Unit has a wrap-around front porch, fully fenced backyard & 1 parking spot. Heating is gas wall furnace & Electric baseboards. Unit B is vacant & ready for the open market. This bungalow layout has 2 bdrms, 1 bath, formal living rm & dining rms, eat-in kitchen & patio door to fenced backyard. It also has full, unfinished bsmt with laundry plus: hdwd flooring, ornate woodwork, crown moulding, gas furnace, C/Air & 1 parking spot. Great addition to your investment portfolio. **** EXTRAS **** Projected rent for vacant unit is approx. $2000/mth++ for a total potential GROSS rent of $43,200 annually. Duplex includes: 2 fridges, 2 stoves, 2 sets of washers/dryers, 2 HWTs (all owned by Landlord). Minimal landlord expenses. (id:46866)


Details
Amenities NearbyHospital, Marina, Park, Schools Parking Spaces2
TransactionFor sale
Building
Bedrooms Main level4 Bedrooms Lower level0
AmenitiesSeparate Electricity Meters Basement DevelopmentUnfinished
BasementFull (Unfinished) CoolingCentral air conditioning
Exterior FinishBrick, Stucco FoundationPoured Concrete
Bathrooms (Total)2 Heating FuelNatural gas
HeatingForced air Storeys Total1.5
TypeDuplex Utility WaterMunicipal water
Land
AmenitiesHospital, Marina, Park, Schools SewerSanitary sewer
Size Irregular43.19 x 99.95 FT
Level Type Dimensions
Second levelBedroom 24.14 m x 2.13 m
Second levelPrimary Bedroom5.03 m x 3.4 m
Main levelKitchen3.25 m x 2.59 m
Main levelDining room3.45 m x 4.34 m
Main levelLiving room5.41 m x 3.48 m
Main levelPrimary Bedroom3.58 m x 3 m
Main levelLiving room5.79 m x 3.56 m
Main levelBedroom 23.58 m x 2.9 m
Main levelDining room3.53 m x 2.92 m
Main levelKitchen3.45 m x 3.5 m

Listing Office: ROYAL LEPAGE PROALLIANCE REALTY

Data Provided by Central Lakes Association of REALTORS®

Last Modified :13/05/2024 10:53:42 PM

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