$499,900
FOR SALE

Triplex

Bedrooms: 6Bathrooms: 3Lot: 86 x 127.75 ft

640 Front Street
Quinte West, ON K8V 4R7

Profitable Triplex at 640 Front St. Discover an exceptional investment opportunity w/ this positive cash-flow triplex located in the heart of Trenton, Ont. This property is a prime addition to any rental portfolio, offering stability & consistent income. Each unit is metered separately, ensuring minimal landlord expenses & maximizing your return on investment. Unit A is a spacious 3-bdrm, 1-bath, 2-sty unit with full bsmt. It features a charming front porch, 2 entrances, an eat-in kitchen, & hdwd floors throughout the living areas & upper-lvl bdrms. Recent upgrades include a new tub surround, a newer gas boiler system for hot water radiator heat, & a new owned HWT. With 2 allocated parking spots & a large fenced yard, this unit is perfect for families. The tenant has been in place for approx. 8 yrs, paying $1,116.02/mth plus utilities. Unit B is a bright 2-bdrm, 1-bath bungalow-style unit. The south-facing living rm boasts laminate floors & a picture window overlooking the rear yard. The spacious eat-in kitchen includes co-located laundry & a 2nd door to the backyard. This unit comes with 2 parking spots & a dedicated rear yard with gardens & fenced area. The tenant, who has been there for about 5 yrs, pays $1,200/mth plus utilities. Unit C is a 1-bdrm, 1-bath unit, currently vacant & ready for the next investor to select a tenant & set the rent. Recently refreshed, it features hdwd floors in the living rm, a functional kitchen, & a 3-pce. bathroom. 1 parking spot is located in front of the unit, with projected rent at $1,100/mth plus utilities. With over $40,000 in gross rental income, this triplex offers a stable investment opportunity more resistant to vacancies than a duplex. The property includes several updates & detailed income & expenses are available upon request. Many appliances are included, making this a turnkey investment. Seize the opportunity to own a profitable & stable triplex in Trenton. Inquire today for more information or to schedule a viewing! (id:47421)
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Listed By ROYAL LEPAGE PROALLIANCE REALTY
Data Provided By Central Lakes Association of REALTORS®
MLS® Listing Number X11976901
Last Updated Feb 28, 2025
Property Summary
Property Type Triplex

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Price History

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Detailed Information
Bedrooms 6
Bathrooms 3
Lot 86 x 127.75 ft
Amenities Nearby Hospital, Marina, Public Transit
Features Level lot, Irregular lot size, Level
Listing Contract Date 2025-02-18
Location Description Front Street/Wall Street
# of Parking Spaces 5
Property Type Single Family
Structures Patio(s), Porch
Transaction Type For sale
Zoning Description R3
Building
Appliances Water Heater
Basement Development Unfinished
Basement Features Walk-up
Basement Type N/A (Unfinished)
Exterior Finish Vinyl siding
Fire Protection Smoke Detectors
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard heaters
Stories Total 2
Type Triplex
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
BedroomSecond level3.48 m x 5.6 m
Bedroom 2Second level3.85 m x 3.29 m
Primary BedroomSecond level3.78 m x 5.45 m
KitchenMain level3.45 m x 6.31 m
KitchenMain level1.98 m x 3.44 m
BedroomMain level3.35 m x 3.63 m
Living roomMain level3.7 m x 5.45 m
Living roomMain level5.21 m x 3.56 m
KitchenMain level5.03 m x 3.57 m
BedroomMain level3.29 m x 3.05 m
Bedroom 2Main level3.23 m x 3.08 m
Living roomMain level3.32 m x 3.44 m
Parking Spaces
Name Spaces
No Garage
Utilities
Type Description
CableAvailable
SewerInstalled
Land
Total Size 86 x 127.8 FT ; \"L\" Shaped Lot | under 1/2 acre
Amenities Hospital, Marina, Public Transit
Fence Type Fenced yard
Sewer Sanitary sewer
Size of Irregular Land 86 x 127.8 FT ; \"L\" Shaped Lot

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