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$529,900

41 MILL STREET, Quinte West (Frankford Ward), Ontario, K0K 2C0

MLS® # X13128730

Quinte West (Frankford Ward) ON, K0K 2C0

MLS® # X13128730

Property Information:

ATTENTION INVESTORS - TRIPLEX WITH CITY-APPROVED 4TH UNIT IN DOWNTOWN FRANKFORD! Incredible opportunity to own a well-maintained, fully tenanted triplex in the heart of downtown Frankford with approval already in place from the city permitting the addition of a 4th unit - a major value-add opportunity for investors looking to significantly increase cash flow and property value. This pride-of-ownership property features a clean 2-bedroom upper unit, spacious 2-bedroom main floor unit, and a cozy 1-bedroom rear unit, all well maintained with excellent hassle-free tenants. Separately metered for hydro and water, the property offers efficient expense management and strong income potential. Detached garage provides additional storage space, while the unbeatable walkable location places tenants just minutes from Foodland, pharmacies, cafes, restaurants, the LCBO, and everyday amenities. Whether you're an investor looking for a turnkey income property with upside potential or a buyer wanting to live in one unit while the others help pay your mortgage, this is a rare opportunity in a growing community. Financials available. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Stone
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 3
  • Features:
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 136.1 Feet
  • Lot Frontage: 70.6 Feet
  • Lot Size: 70.6 x 136.1 FT
  • Zoning: R3
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 5

Rooms:

  • Living 2nd Level 2.47 m x 5.17 m
  • Kitchen 2nd Level 3.05 m x 3.19 m
  • Primary Bedroom 2nd Level 3.74 m x 3.66 m
  • 2nd Bedroom 2nd Level 3.74 m x 2.96 m
  • Kitchen Main Level 5.86 m x 4.68 m
  • Living Main Level 3.60 m x 4.07 m
  • Primary Bedroom Main Level 3.60 m x 2.68 m
  • 2nd Bedroom Main Level 3.74 m x 2.29 m
  • Bedroom Ground Level 1.64 m x 2.53 m
  • Living Ground Level 3.29 m x 3.11 m
  • Kitchen Ground Level 2.50 m x 3.63 m

Convert Measurement to:


Courtesy of: eXp Realty

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 41 MILL STREET, Quinte West (Frankford Ward), Ontario, K0K 2C0

Demographic Information of 41 MILL STREET, Quinte West (Frankford Ward), Ontario, K0K 2C0

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$91,915.65

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.97 %

High school certificate or equivalent

47.32 %

Apprenticeship trade certificate/diploma

4.3 %

College/non-university certificate

24.4 %

University Degree

11.01 %

Commuter

Travel To Work

By Car

98.35 %

By Public Transit

0.0 %

By Walking

0.84 %

By Bicycle

0.0 %

By Other Methods

0.81 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

4.02 %

Houses

95.98 %

Own Vs. Rent