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22 Water Street, Quinte West, ON K8V 4L9 (Water Street, Nicholas Street)

Price : $499,000.00 , MLS®# : X12646518

Thanesh Sivaganasundram
Real Estate Agent
Description

This well-maintained duplex offers a strong investment opportunity with reliable rental income. Just minutes from CFB Trenton and Highway 401, the property includes two self-contained units with in-suite laundry, two parking spaces per unit, and a shared backyard with separate areas for each tenant. The upper unit features 3 bedrooms and 1 bathroom with an open-concept layout, currently rented for $2,200/month plus 60% of utilities on a one-year lease. The lower unit almost mirrors the floor plan but offers 2 bedrooms and 1 bathroom, with a larger living room and private side patio, currently rented month-to-month for $1,537.50 all-inclusive. The property is equipped with a shared heating system and hot water tank rental, keeping maintenance straightforward and utilities conveniently managed Fridge and stove in upper unit (Unit B), washer and dryer x2 (Unit A and Unit B)together. With reliable tenants in place and strong rental demand, this duplex is a ready-made addition to any portfolio or an excellent option for an owner-occupant looking to offset expenses. Photos taken prior to tenancy; both units are currently occupied.

Location Description

Water Street, Nicholas Street

Property Details
  • Community: Trenton Ward
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 5
  • Bath: 2
  • Garages: None
  • Annual Property Taxes : $ 3263.56
Building Features
  • Foundation Type: Block
  • Counstruction Material : Brick-Vinyl Siding
  • Total Parking Space : 4
  • Parking Type : None
Features
  • Heating : Forced AirGas
  • Sewer : Sewer ,

Listing Contracted With: CENTURY 21 LANTHORN REAL ESTATE LTD.