12 Richard Street, Quinte West | Image 1

12 Richard Street

Quinte West

  • 4 bed 2 bath 1500 sqft
$474,900 est.*: $1,609/mo
For Sale

Added 1 week ago

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  • Type: Detached

  • Style: 1 1/2 Storey

  • Size: 1500 sqft

  • Lot Size: 43.19 x 99.95 Feet

  • Age: 51-99 years

  • Taxes: $3,007 per year

  • Days on Site: 9 Days

  • Added: Nov 19, 2024 (1 week ago)

  • Updated:

  • Last Checked: 6 hours ago

  • MLS®#: X10432670

  • Listed By: Royal lepage proalliance realty

NEWLY RENOVATED! This property has undergone a new paint job, new vinyl plank flooring, updated wiring throughout, new front railings, exterior finishes and more! This versatile property is suitable for owners or investors alike. This is a fully detached building that includes BOTH halves of semi-detached units under one ownership. This property represents tremendous value as either a single-family home or as investment property. It allows you several options. OPTION 1. Live in one side and let the other unit help pay your mortgage. OPTION 2. Live in one side & have a family member reside next door in the other semi-detached unit. OPTION 3. Open up a dividing wall and live in the entire building. OPTION 4. Purchase as an investment property bringing you $48,000 of POTENTIAL Gross Rental Income & a 9.26% CAP RATE. AMAZING RETURN ON INVESTMENT. Brick & stucco side-by-side dwellings. Both sides/units are vacant and ready for the next owner to choose their occupancy options. Alternatively, investors can pick their own tenants & 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 potential gross rental income of $2000/mth ++. Unit has a wrap-around front porch, fully fenced backyard & 1 parking spot. Heating is gas wall furnace & Electric baseboards. Unit B is a bungalow layout & has 2 bdrms, 1 bath, formal living rm with electric fireplace, dining rm, eat-in kitchen & patio door to fenced backyard. It also has full, unfinished bsmt with laundry plus: vinyl plank flooring throughout, ornate woodwork, crown moulding, gas furnace, C/Air & 1 parking spot. Affordable place to call home, or great addition to your investment portfolio.

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Property

  • Status: Sale

  • Property Type: Detached

  • Style: 1 1/2 Storey

  • Size (sq ft): 1500

  • Age: 51-99

  • Area: Quinte West

  • Availability Date: Immediate

  • Assessment Amount: $188,000

  • Assessment Year: 2024

Inside

  • Bedrooms: 4

  • Bathrooms: 2

  • Kitchens: 2

  • Rooms: 10

  • Den/Family Room: No

  • Air Conditioning: Central Air

  • Fireplace: No

  • Laundry Level: Lower

  • Washrooms: 2

Utilities

  • Electricity: Yes

  • Gas: Yes

  • Cable: Available

  • Telephone: Available

Building

  • Basement: Full

  • Basement 2: Unfinished

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Stucco/Plaster

  • Elevator: N

  • UFFI: No

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

  • Special Designation: Unknown

  • Retirement: N

Parking

  • Driveway: Pvt Double

  • Garage Type: None

  • Covered Parking Spaces: 2

  • Total Parking Spaces: 2

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 32 PL 419 SIDNEY; PT LT 31 PL 419 SIDNEY PT1, 21R10312; QUINT

  • Taxes: $3,007

Highlights

  • Feature: Fenced Yard

  • Feature: Golf

  • Feature: Hospital

  • Feature: Marina

  • Feature: Park

  • Feature: School

Land

  • Cross Street: Sidney Street And Ri

  • Municipality District: Quinte West

  • Fronting On: North

  • Parcel Number: 404050065

  • Parcel of Tied Land: N

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 99.95 Feet

  • Lot Frontage: 43.19 Feet

  • Acres: < .50

  • Zoning: R3

Rooms

Room details for 12 Richard Street, Quinte West

Type Dimensions
Kitchen Main 2.59 x 3.25
Dining Main 4.34 x 3.45
Living Main 3.48 x 5.41
2nd Br 2nd 2.13 x 4.14
Prim Bdrm 2nd 3.40 x 5.03
3rd Br Main 3.00 x 3.58
Living Main 3.56 x 5.79
4th Br Main 2.90 x 3.58
Dining Main 2.92 x 3.53
Kitchen Main 3.50 x 3.45
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Somewhat Walkable

  • Some errands can be accomplished on foot.
61 /100

Bikeable

  • Some errands can be accomplished on bike.
51 /100
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