12 Richard Street, Quinte West | Image 1

12 Richard Street

Quinte West

  • 4 bed 2 bath 1500 sqft
$499,900 est.*: $1,693/mo
For Sale

Added 1 week ago

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  • Type: Duplex

  • Style: 1 1/2 Storey

  • Size: 1500 sqft

  • Lot Size: 43.19 x 99.95 Feet

  • Age: 51-99 years

  • Taxes: $2,821 per year

  • Days on Site: 5 Days

  • Added: Apr 19, 2024 (1 week ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X8251202

  • Listed By: Royal lepage proalliance realty

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 bdrms, 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.

Extras

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.

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Property

  • Status: Sale

  • Property Type: Duplex

  • Style: 1 1/2 Storey

  • Size (sq ft): 1500

  • Age: 51-99

  • Area: Quinte West

  • Availability Date: Flexible

  • Assessment Amount: $188,000

  • Assessment Year: 2023

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: 2023

  • Tax Legal Description: LT 32 PL 419 SIDNEY; PT LT 31 PL 419 SIDNEY PT 1, 21R10312; QUIN

  • Taxes: $2,821

Highlights

  • Feature: Fenced Yard

  • Feature: Golf

  • Feature: Hospital

  • Feature: Marina

  • Feature: Park

  • Feature: School

Land

  • Cross Street: Sidney Street

  • 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
Prim Bdrm Main 3.00 x 3.58
Living Main 3.56 x 5.79
2nd 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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