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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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
Bedroom
Second level
3.48 m x 5.6 m
Bedroom 2
Second level
3.85 m x 3.29 m
Primary Bedroom
Second level
3.78 m x 5.45 m
Kitchen
Main level
3.45 m x 6.31 m
Kitchen
Main level
1.98 m x 3.44 m
Bedroom
Main level
3.35 m x 3.63 m
Living room
Main level
3.7 m x 5.45 m
Living room
Main level
5.21 m x 3.56 m
Kitchen
Main level
5.03 m x 3.57 m
Bedroom
Main level
3.29 m x 3.05 m
Bedroom 2
Main level
3.23 m x 3.08 m
Living room
Main level
3.32 m x 3.44 m
Parking Spaces
Name
Spaces
No Garage
Utilities
Type
Description
Cable
Available
Sewer
Installed
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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