Address
28 Mccoll Street, Quinte West (Trenton Ward), ON
Price
$ 1,989,000
Property Attributes
- ID#X13030684
- TypeMulti-Family
- Listing Status Active
- MunicipalityQuinte West (Trenton Ward)
- CityQuinte West (Trenton Ward)
- AreaTrenton Ward
- NeighbourhoodTrenton Ward
- Postal CodeK8V 5L3
- Style
- Price$ 1,989,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Sqr Footage11347
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Great Investment Opportunity in Trenton. TWO WELL-MAINTAINED 6-PLEXES OFFERED TOGETHER on Trenton's West Side. Some VTB possible. 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. (id:7434)
General Features
| Property Type | Multi-family |
|---|---|
| Zoning Description | R6 |
| CommunityName | Trenton Ward |
| Building Appliances | Dryer, Water Heater, Washer |
| Building Cooling Type | None |
| Business Type | Residential |
| Business Sub Type | Apartments |
| Location Description | Cross Streets: Dundas/McColl. ** Directions: Dundas St West to Henry Street. Buildings on west side of Henry Street at intersection of McColl & Henry. |
| Building Type | Multi-Family |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Hot water radiator heat |
| Building Heating Fuel | Natural gas |
| Living Area Range | 11347 |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in K8V 5L3
Price
In The Neighbourhood
Quinte West (Trenton Ward)
$ 3,000
- Type
- Multi-Family
- Rooms
- 1 Beds + 1.5 Baths
Century 21 Lanthorn Real Estate Ltd.
Quinte West (Trenton Ward)
$ 3,500
- Type
- Multi-Family
- Rooms
- 2 Beds + 2 Baths
Century 21 Lanthorn Real Estate Ltd.
Quinte West (Trenton Ward)
$ 690,000
- Type
- Multi-Family
- Size
- 3,678 SqFt
- Rooms
- 0 Beds + 0 Baths
RE/MAX Jazz INC.
Quinte West (Trenton Ward)
$ 799,000
- Type
- Multi-Family
- Rooms
- 6 Beds + 4 Baths
Royal Lepage Proalliance Realty
Quinte West (Trenton Ward)
$ 799,000
- Type
- Multi-Family
- Size
- 8,640 SqFt
- Rooms
- 0 Beds + 4 Baths
Royal Lepage Proalliance Realty
Quinte West (Trenton Ward)
$ 3,500,000
- Type
- Multi-Family
- Size
- 19,994 SqFt
- Rooms
- 0 Beds + 0 Baths
EKORT REALTY LTD.
Quinte West (Trenton Ward)
$ 479,900
- Type
- Multi-Family
- Rooms
- 6 Beds + 3 Baths
RE/MAX Quinte John Barry Realty Ltd.
Quinte West (Trenton Ward)
$ 939,500
- Type
- Multi-Family
- Rooms
- 10 Beds + 6 Baths
RE/MAX REALTRON REALTY INC.
Quinte West (Trenton Ward)
$ 2,000,000
- Type
- Multi-Family
- Size
- 9,171 SqFt
- Rooms
- 0 Beds + 0 Baths
Royal Lepage Proalliance Realty
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
