12 Richard St, Quinte West

12 Richard St, Quinte West K8V1V1

1 1/2 Storey, Duplex Property
10 Rooms Total, 2 Kitchens
2 Parking Spaces

43.19 x 99.95

Fenced Yard, Golf, Hospital, Marina, Park, School
Full, Unfinished Basement
Brick, Stucco/Plaster Exterior

Solid Investment Opportunity With This Brick & Stucco Side-By-Side Duplex. One Unit Fully Occupied & The Other Unit Recently Empty & Ready For The Next Owner To Choose Their Own Tenant & Set Their Own Rents. No Need To Assume Tenancies With Rents Far Too Low, This Multi-Residential Home Can Provide Positive Cash Flow Right Away. Both Units Metered Separately For: Gas, Hydro & Water/Sewer. Unit A Is A 2 Bed, 1 Bath, 2Sty Unit With Tenant Paying $1600/Mth ++. Tenant Has Been In Place Since Dec. 2023 & Has A 1Yr Lease. Unit Has A Wrap-Around Front Porch, Fully Fenced Backyard & 1 Parking Spot. Heating Is Gas Wall Furnace & Electric Baseboards. Unit B Is Vacant & Ready For The Open Market. This Bungalow Layout Has 2 Bedrooms, 1 Bath, Formal Living Rm & Dining Rms, Eat-In Kitchen & Patio Door To Fenced Backyard. It Also Has Full, Unfinished Bsmt With Laundry Plus: Hdwd Flooring, Ornate Woodwork, Crown Moulding, Gas Furnace, C/Air & 1 Parking Spot. Great Addition To Your Investment Portfolio.

Projected Rent For Vacant Unit Is Approx. $2000/Mth++ For A Total Potential Gross Rent Of $43,200 Annually. Duplex Includes: 2 Fridges, 2 Stoves, 2 Sets Of Washers/Dryers, 2 Hwts (All Owned By Landlord). Minimal Landlord Expenses.

Lt 32 Pl 419 Sidney; Pt Lt 31 Pl 419 Sidney Pt 1, 21R10312; Quinte West; County Of Hastings

4-piece on main level
4-piece on 2nd level

Main Level, 3.25m x 2.59m

Main Level, 3.45m x 4.34m

Main Level, 5.41m x 3.48m

2nd Level, 4.14m x 2.13m

2nd Level, 5.03m x 3.40m

Main Level, 3.58m x 3.00m

Main Level, 5.79m x 3.56m

Main Level, 3.58m x 2.90m

Main Level, 3.53m x 2.92m

Main Level, 3.45m x 3.50m