370 MEYERS CREEK ROAD, Quinte West, ON K8V5P8
See all 47 photos
370 MEYERS CREEK ROAD, Quinte West, ON K8V5P8
370 MEYERS CREEK ROAD, Quinte West, ON K8V5P8
370 MEYERS CREEK ROAD, Quinte West, ON K8V5P8
370 MEYERS CREEK ROAD, Quinte West, ON K8V5P8
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Gabriela Anaya

Gabriela Anaya

+1(613) 402-0663
$ 449,900
Est. payment /mo
Save Virtual Tour
Price Dropped by $15K

370 MEYERS CREEK ROAD Quinte West, ON K8V5P8

6 Beds

2 Baths

Open House

Sun Nov 15, 12:00pm - 1:00pm

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000 - 2500

Subdivision Sidney Ward

MLS® Listing ID X13589488

Style Bungalow

Bedrooms 6

Property Description

Exceptional Duplex Investment Opportunity - 6.62% Projected Cap Rate! Whether you're an investor looking to expand your portfolio or a first-time buyer looking to offset your mortgage with rental income, this property offers excellent flexibility and income potential. Unit A is currently rented for $1,200/month, while Unit B was rented for $2,300/month earlier this year and is now vacant, providing an opportunity for immediate occupancy or a new tenant. At the asking price of $449,900, the property offers a potential gross annual rental income of $42,000 and a projected 6.62% capitalization rate based on the previous rental income of both units. An added bonus is the separate basement space for Unit B, which is already framed and ready for buyers to finish to their own taste, offering additional living space and future value-add potential. Live in one unit while the other helps offset your mortgage payments, or rent both units to maximize your investment potential. Whether you're entering the real estate market or adding to your investment portfolio, this is an opportunity worth exploring! (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Basement 2.27 m X 9.02 m Utility room

Extra Room 2 Main level 3.45 m X 3.21 m Kitchen

Extra Room 3 Main level 3.54 m X 6.16 m Living room

Extra Room 4 Main level 4.38 m X 2.58 m Primary Bedroom

Extra Room 5 Main level 2.62 m X 4.55 m Bedroom 2

Extra Room 6 Main level 3.35 m X 2.46 m Bedroom 3

Interior

Heating Forced air

Cooling Window air conditioner

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Story 1

Sewer Septic System

Architectural Style Bungalow

Others

Virtual Tour https://youriguide.com/370_meyers_creek_rd_quinte_west_on/

Powered by: REALTOR.ca
Listed by EXP REALTY, BROKERAGE

NEARBY SCHOOLS & PROPERTIES

Gabriela Anaya

Gabriela Anaya

Advisor

+1(613) 402-0663

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Gabriela Anaya, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

370 MEYERS CREEK ROAD