FARHANG RAFII
Sales Representative
$499,900
Available - For Sale
Listing ID: X13589488
370 MEYERS CREEK Road , Quinte West, K8V 5P8, Hastings
| Turnkey duplex investment opportunity! Whether you are looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained duplex is an excellent opportunity. Currently generating $42,000 in annual gross rental income, this property offers immediate cash flow with 2 self-contained units and a strong investment profile. The property features 2 spacious 3-bedroom units, ample parking, separate living spaces, and a low-maintenance lot. Located on a spacious rural lot in a desirable area close to CFB Trenton, schools, shopping, parks, and everyday amenities, it appeals to both tenants and future homeowners alike. With a 5.97% cap rate at the asking price, this income-producing property offers positive cash flow potential and long-term upside. Whether you're a seasoned investor or entering the rental market for the first time, this is an opportunity you will not want to miss. |
| Price | $499,900 |
| Taxes: | $3364.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 370 MEYERS CREEK Road , Quinte West, K8V 5P8, Hastings |
| Acreage: | .50-1.99 |
| Directions/Cross Streets: | Old Highway 2 to Whites Road to Meyers Creek Road. |
| Rooms: | 12 |
| Rooms +: | 1 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Full, Walk-Up |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 11.32 | 10.53 | |
| Room 2 | Main | Dining Ro | 7.9 | 6.26 | |
| Room 3 | Main | Living Ro | 11.68 | 20.24 | |
| Room 4 | Main | Primary B | 8.59 | 14.99 | |
| Room 5 | Main | Bedroom 2 | 14.37 | 8.36 | |
| Room 6 | Main | Bedroom 3 | 10.99 | 8.04 | |
| Room 7 | Main | Bathroom | 8.63 | 4.89 | 4 Pc Bath |
| Room 8 | Basement | Utility R | 7.45 | 29.59 | |
| Room 9 | Main | Kitchen | 11.32 | 10.3 | |
| Room 10 | Main | Dining Ro | 7.9 | 6.49 | |
| Room 11 | Main | Living Ro | 11.61 | 20.2 | |
| Room 12 | Main | Primary B | 14.37 | 8.46 | |
| Room 13 | Main | Bedroom 2 | 8.59 | 14.92 | |
| Room 14 | Main | Bedroom 3 | 10.99 | 8.07 | |
| Room 15 | Main | Bathroom | 8.59 | 5.05 | 4 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 31-50 |
| Property Type: | Duplex |
| Style: | Bungalow |
| Exterior: | Aluminum Siding, Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private, O |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private, O |
| Park #2 | |
| Parking Type: | Private |
| Park #3 | |
| Parking Type: | Other |
| Pool: | None |
| Approximatly Age: | 31-50 |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Golf, Wooded/Treed |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Window Unit |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Septic |
| Water: | Drilled W |
| Water Supply Types: | Drilled Well |
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| EXP REALTY, BROKERAGE |
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FARHANG RAFII
Sales Representative
Dir:
647-606-4145
Bus:
905-695-7888
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Hastings |
| Municipality: | Quinte West |
| Neighbourhood: | Sidney Ward |
| Style: | Bungalow |
| Approximate Age: | 31-50 |
| Tax: | $3,364 |
| Beds: | 6 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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