ID# X8251202

12 RICHARD ST
Quinte West, Ontario K8V1V1

$499,900

Solid investment opportunity with this brick & stucco side-by-side duplex. One unit fully occupied & the other unit recently empty & ready for the next owner to choose their own tenant & set their own rents. No need to assume tenancies with rents far too low, this multi-residential home can provide positive cash flow right away. Both units metered separately for: gas, hydro & water/sewer. Unit A is a 2 bed, 1 bath, 2sty unit with tenant paying $1600/mth ++. Tenant has been in place since Dec. 2023 & has a 1yr lease. Unit has a wrap-around front porch, fully fenced backyard & 1 parking spot. Heating is gas wall furnace & Electric baseboards. Unit B is vacant & ready for the open market. This bungalow layout has 2 bdrms, 1 bath, formal living rm & dining rms, eat-in kitchen & patio door to fenced backyard. It also has full, unfinished bsmt with laundry plus: hdwd flooring, ornate woodwork, crown moulding, gas furnace, C/Air & 1 parking spot. Great addition to your investment portfolio. **** EXTRAS **** Projected rent for vacant unit is approx. $2000/mth++ for a total potential GROSS rent of $43,200 annually. Duplex includes: 2 fridges, 2 stoves, 2 sets of washers/dryers, 2 HWTs (all owned by Landlord). Minimal landlord expenses. (id:54822)

Bathroom Total	2
Bedrooms Total	4
Cooling Type	Central air conditioning
Heating Type	Forced air
Heating Fuel	Natural gas
Stories Total	1.5

Bedroom 2	Second level	4.14 m x 2.13 m
Primary Bedroom	Second level	5.03 m x 3.4 m
Kitchen	Main level	3.25 m x 2.59 m
Dining room	Main level	3.45 m x 4.34 m
Living room	Main level	5.41 m x 3.48 m
Primary Bedroom	Main level	3.58 m x 3 m
Living room	Main level	5.79 m x 3.56 m
Bedroom 2	Main level	3.58 m x 2.9 m
Dining room	Main level	3.53 m x 2.92 m
Kitchen	Main level	3.45 m x 3.5 m

Courtesy of ROYAL LEPAGE PROALLIANCE REALTY
Listed on: April 19, 2024

On market: 15 days

Would you like more information about this property?

Office: 613-392-6594

Fax: 613-394-3394

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RE/MAX Quinte Ltd., Brokerage

447 Dundas Street West

Trenton, ON K8V 3S4

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12 RICHARD ST Quinte West, Ontario K8V1V1

12 RICHARD ST
Quinte West, Ontario K8V1V1