534-540 Old Highway 2 Hwy - Apartments FOR SALE


Trenton, ON K8V 5P5
$1,348,000 CAD
534-540 Old Highway 2 Hwy, Trenton, ON for Sale
$1,348,000 CAD
Apartments - FOR SALE
1/3
null | Request Cap Rate

534-540 Old Highway 2 Hwy
Trenton, ON K8V 5P5


HIGHLIGHTS

  • This income-generating property includes two fully tenanted buildings that provide a steady revenue stream.
  • This property is ideal for investors seeking to expand their portfolio with a stable and diversified asset.
  • Property includes 9 residential units and 1 commercial unit.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,348,000 CAD

PRICE/SF

$270 CAD /SF

# OF UNITS

9

PRICE/UNIT

$149,778

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

CR

APN/PARCEL ID

120421103504400

ASK ABOUT THIS PROPERTY

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