Multi-family

540 Old Hwy 2, Quinte West

This turnkey investment property features two fully leased buildings with strong, consistent income potential. Building 1 includes seven...

    $1,400,000

    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.

    Property Summary
    Property Type:Multi-family
    Availability:For sale
    Building Type:Multi-Family
    Land Size:0.523 ac
    Features:Irregular lot size
    MLS® Number:X13101894
    Building Details
    Interior Size:7350 sq ft
    Heating Type:Baseboard heaters, Forced air
    Heating Fuel:Natural gas
    Fireplace:None
    Cooling:Partially air conditioned
    Land Details
    Frontage:188 ft ,2 in
    Depth:142 ft ,3 in
    Water:Municipal water
    Sewer:Septic System
    Zoning Description:CR

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