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    For Sale - 28 Mccoll Street, Quinte West, Ontario

    Est payment $5,040/mo
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    Views   3
    Time on Jump  51 day

    AI Summary *

    • Two well-kept 6-unit buildings being sold together for a great investment.
    • Portfolio includes a total of 12 spacious residential units with long-term tenants.
    • Located on a quiet street close to all city amenities and facilities.
    • Recent capital improvements enhance property value and appeal.
    • Ample parking and coin laundry facilities add convenience for tenants.




    Must be sold together with 188 henry st, mls #x13140160. Great investment opportunity in trenton. Some vtb possible. 28 mccoll st has five 2-bedroom units and one 1+1 bedroom unit. 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 some units renovated. Numerous capital improvements have been completed in recent years, including electrical, windows, roofing and front doors. 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 IDX13140164
    Address28 Mccoll Street
    CityQuinte West, Ontario
    Price$1,049,500
    Bed / Bath12 / 6 Full
    Style2-Storey, Multiplex
    ConstructionBrick
    Land Size0.15
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Water Heater, Water Heater Owned, Separate Heating Controls, Separate Hydro MeterAmenities Hospital, School, Public Transit, Park, Marina, Lake/PondOwnership FreeholdBasement ApartmentFoundation ConcreteHeating / Cooling WaterHeating Fuel GasSewer Sewer

    Parking 6.00
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    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
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    28 Mccoll Street
    Quinte West , Ontario
    12 6 $1,049,500
    Get more info