Realestate

Property Details

1 of 48
$519,900
370 MEYERS CREEK Road, Quinte West, ON K8V 5P8
6
2
MLS®X13589488
Property Type
Residential Freehold
Sub Type
Duplex
Heating
Forced Air
Cooling
Window Unit(s)
Lot Size
282.35 x 82 Feet
Approx Age
31-50
Turnkey duplex investment opportunity! Whether you are looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained duplex is an excellent opportunity. Currently generating $42,000 in annual gross rental income, this property offers immediate cash flow with 2 self-contained units and a strong investment profile. The property features 2 spacious 3-bedroom units, ample parking, separate living spaces, and a low-maintenance lot. Located on a spacious rural lot in a desirable area close to CFB Trenton, schools, shopping, parks, and everyday amenities, it appeals to both tenants and future homeowners alike. With a 5.97% cap rate at the asking price, this income-producing property offers positive cash flow potential and long-term upside. Whether you're a seasoned investor or entering the rental market for the first time, this is an opportunity you will not want to miss.
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