This income generating property features two fully tenanted buildings offering a steady revenue stream. Building #1 consists of 7 residential units and 1 commercial unit. The residential units include 4 two-bedroom apartments and 3 one-bedroom apartments, catering to diverse tenant needs. The commercial unit is an 800 sqft garage/workshop. Building #2 offers 2 residential units: a ground floor 2-bedroom apartment and a basement 2-bedroom apartment. With reliable tenants in place and a mix of residential and commercial income, this property presents a fantastic opportunity for investors looking to expand their portfolio.
534-540 Old Hwy 2
Quinte West, Hastings $1,398,000Make an offer
7350.00 Sq Ft
Apts-6 To 12 Units
Zoning: CR
- MLS®#:
- X11938246
- Property Type:
- Investment
- Property Style:
- Area:
- Hastings
- Community:
- Taxes:
- $13,842.67 / 2024
- Added:
- Lot Frontage:
- 191.90
- Lot Depth:
- 147.00
- Status:
- Active
- Outside:
- Year Built:
- Basement:
- Brokerage:
- EKORT REALTY LTD.
- Lot (Feet):
-
147
191
BIG LOT
- Intersection:
- Old Hwy 2 and 1st Ave
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Part
- Heating Type:
- Other
- Heating Fuel:
Neighbourhood
Schools, amenities, travel times, and market trends near 534-540 Old Hwy 2Schools
4 public & 3 Catholic schools serve this home. Of these, 7 have catchments. There are 2 private schools nearby.
Parks & Rec
2 trails and 2 golf courses are found in major parks near this home.
Transit
Rail transit stop less than 7 km away.
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Purchase Price
With
Down ($209,700)
Interest
Years
