$529,900

Investment For Sale In Quinte West (Frankford Ward), Ontario

$529,900

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

Courtesy of: eXp Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • Unit A Upper - 2 Bed 1 Bath -
  • Unit A Upper - 2 Bed 1 Bath -
  • Unit A Upper - 2 Bed 1 Bath -
  • Unit A Upper - 2 Bed 1 Bath -
  • Unit A Upper - 2 Bed 1 Bath -
  • Unit A Upper - 2 Bed 1 Bath -
  • Unit A Upper - 2 Bed 1 Bath -
  • Unit A Upper - 2 Bed 1 Bath -
  • Unit A Upper - 2 Bed 1 Bath -
  • Unit C Main - 2 Bed 1 Bath -
  • Unit C Main - 2 Bed 1 Bath -
  • Unit C Main - 2 Bed 1 Bath -
  • Unit C Main - 2 Bed 1 Bath -
  • Unit C Main - 2 Bed 1 Bath -
  • Unit C Main - 2 Bed 1 Bath -
  • Unit C Main - 2 Bed 1 Bath -
  • Unit C Main - 2 Bed 1 Bath -
  • Unit B Rear - 1 Bed 1 Bath -
  • Unit B Rear - 1 Bed 1 Bath -
  • Unit B Rear - 1 Bed 1 Bath -
  • Unit B Rear - 1 Bed 1 Bath -
  • Unit B Rear - 1 Bed 1 Bath -
  • Unit B Rear - 1 Bed 1 Bath -
  • Unit B Rear - 1 Bed 1 Bath -
  • Unit B Rear - 1 Bed 1 Bath -
  • Unit B Rear - 1 Bed 1 Bath -