view of front of property with brick siding Features: fence, concrete foundation, brick siding, stoop, grill More Photos

×

    For Sale - 28 McColl Street, Quinte West, Ontario

    Est payment $9,551/mo
    Get pre-qualified
    Views   1
    Time on Jump  22 day

    AI Summary *

    • Two well-maintained 6-plex buildings offered together for investment.
    • 12 residential units with spacious two-bedroom and one-bedroom options.
    • Close to amenities and located on a quiet residential street.
    • Several long-term tenants with growth potential in rental income.
    • Paved parking and coin laundry available for tenant convenience.




    Great investment opportunity in trenton. Two well-maintained 6-plexes offered together on trenton's west side. Two 6-plex buildings consisting of 28 mccoll street (roll #120403005013300, pin 403780012, property tax $7542, lot 57. 14x113. 92x93. 73x28. 37x42. 27 feet) and 188 henry street (roll #120403005013600, pin 403780011, property tax $6781, lot 56. 46x112. 92x64. 53x60. 18x11. 16x42. 27 feet). These two well-kept 6-unit apartment buildings are being sold together, sitting on abutting lots. The portfolio consists of a total of 12 residential units, comprised of ten spacious two-bedroom units and two one-bedroom units. Combined living area totals approximately 11,347 square feet of living space, which includes the lower-level apartments in each building (utility rooms excluded). The seller's preference is to convey both properties together. Ideally located on a quiet street in a residential neighborhood and close to all city amenities. Separately metered units with many long-term tenants, most paying for their own electricity and water, while the owner pays for heat for the buildings via two efficient gas-fired hot water boilers, as well as hydro and water for common areas. All units are generously sized, with five units that have been renovated. Numerous capital improvements have been completed in recent years, including windows and roofing. These properties present excellent upside potential, with several of the long-term tenants currently paying rents significantly below current market value. Turn-key investment opportunity. Coin laundry in the basements of both buildings. Paved parking lot large enough to accommodate all tenants, with some exterior sheds available for additional storage. Don't miss this excellent investment opportunity with a positive cap rate and significant income growth potential.
    Listing IDX13030684
    Address28 McColl Street
    CityQuinte West, Ontario
    Price$1,989,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Hot WaterSewer Sanitary+Storm

    ASAP

    Fri

    15

    May

    Sat

    16

    May

    Sun

    17

    May

    Mon

    18

    May

    Tue

    19

    May

    Wed

    20

    May

    Thu

    21

    May

    Fri

    22

    May

    Sat

    23

    May

    Sun

    24

    May

    Mon

    25

    May

    Tue

    26

    May

    Wed

    27

    May

    Thu

    28

    May

    Fri

    29

    May

    Sat

    30

    May

    Sun

    31

    May

    Mon

    1

    Jun

    Tue

    2

    Jun

    Wed

    3

    Jun

    Thu

    4

    Jun

    Fri

    5

    Jun

    Sat

    6

    Jun

    Sun

    7

    Jun

    Mon

    8

    Jun

    Tue

    9

    Jun

    Wed

    10

    Jun

    Thu

    11

    Jun

    Fri

    12

    Jun

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  RE/MAX REALTRON REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    625 Gibson Street
    Brockton, Ontario.
    3 Beds | 2 Baths
    $579,900
    2393 Sheldon Avenue
    Parkway Park - Queensway Te…
    6 Beds | 2 Baths
    $999,990
    96 Cedar Street
    Brighton, Ontario.
    4 Beds | 2 Baths
    $539,900
    83 Bergin Road
    Newmarket, Ontario.
    4 Beds | 4 Baths
    $1,399,000
    217 Eastcourt Road
    Oakville, Ontario.
    6 Beds | 7 Baths
    $5,199,000
    15 Bimmer Place
    Brampton, Ontario.
    3 Beds | 4 Baths
    $1,688,000
    150 Tower Drive
    Toronto, Ontario.
    6 Beds | 4 Baths
    $999,999
    2471 Millstone Drive
    Oakville, Ontario.
    4 Beds | 4 Baths
    $1,379,000
    2424 Bakervilla Street
    London South, Ontario.
    5 Beds | 4 Baths
    $1,099,000
    Loading...
    28 Mccoll Street
    Quinte West , Ontario
    $1,989,000
    Get more info