41 Mill Street, Quinte West, ON K0K 2C0
- $529,900
- 5
- BD
- 3
- BA
- 1,500
- SqFt
- List Price
- $529,900
- MLS#
- X13128730
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Triplex
- Style
- 2-Storey
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 1500-2000
- Province
- ON
- Municipality
- Quinte West
- Area
- Hastings
- Neighborhood
- Frankford Ward
- Subdivision
- Mill St / Elgin Dr
Property Description
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.
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Additional Information
- Taxes
- $3,205
- Heat Type
- Radiant
- Heat Source
- Gas
- Air Conditioning
- None
- Kitchens
- 3
- Exterior
- Brick
- Garage Spaces
- 1
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 5
Mortgage Calculator
Listing courtesy of eXp Realty.