This turnkey investment property features two fully leased buildings with strong, consistent income potential. Building 1 includes seven residential units and one commercial space, offering an attractive mix of revenue streams. The residential component consists of four spacious two-bedroom apartments and three one-bedroom apartments, appealing to a broad tenant base. The commercial unit features an approximately 800 sq ft. garage/workshop, adding valuable commercial income potential. Building 2 offers two additional residential units, including a bright ground-floor two-bedroom apartment and a well-appointed two-bedroom basement apartment. With dependable tenants already in place and a balanced mix of residential and commercial occupancy, this property represents an excellent opportunity for investors seeking stable cash flow and long-term portfolio growth. (id:15069)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X13101894 |
| Property Type | Multi-family |
| Neigbourhood | Bayside |
| Community Name | Sidney Ward |
| Features | Irregular Lot Size |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Size Interior | 7,350 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 142 Ft ,3 In |
| Size Frontage | 188 Ft ,2 In |
| Size Irregular | 0.523 |
| Size Total | 0.523 Ac |
| Size Total Text | 0.523 Ac |
| Zoning Description | Cr |
https://www.realtor.ca/real-estate/29722172/540-old-hwy-2-quinte-west-sidney-ward-sidney-ward
Contact us for more information
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)