41 Mill Street

Quinte West, ONMulti-family
$529,900
MLS® X13128730
Multi-family5 beds3 baths5 total
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About This Property

ATTENTION INVESTORS - TRIPLEX WITH CITY-APPROVED 4TH UNIT IN DOWNTOWN FRANKFORD! Incredible opportunity to own a well-maintained, fully tenanted triplex in the heart of downtown Frankford with approval already in place from the city permitting the addition of a 4th unit - a major value-add opportunity for investors looking to significantly increase cash flow and property value. This pride-of-ownership property features a clean 2-bedroom upper unit, spacious 2-bedroom main floor unit, and a cozy 1-bedroom rear unit, all well maintained with excellent hassle-free tenants. Separately metered for hydro and water, the property offers efficient expense management and strong income potential. Detached garage provides additional storage space, while the unbeatable walkable location places tenants just minutes from Foodland, pharmacies, cafes, restaurants, the LCBO, and everyday amenities. Whether you're an investor looking for a turnkey income property with upside potential or a buyer wanting to live in one unit while the others help pay your mortgage, this is a rare opportunity in a growing community. Financials available. (id:63604)

Key Facts

Type
Multi-family
Beds
5
Baths
3
Size
1,500 sqft
Lot
70.6 x 136.1 FT
Parking
5 total

Highlights

  • Refrigerator
  • Stove
  • Water Heater
Property Details 16 details
Bedrooms
5 bedrooms
5 above grade
Bathrooms
3 bathrooms
Parking
5 parking spaces
Detached Garage · Garage
Living area
1,500 - 2,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Triplex
Attached status
Attached
Storeys
2
Basement
Unfinished
Heating
Radiant heat, Natural gas
Fireplace
No
Lot dimensions
70.6 x 136.1 FT
Frontage
70.70 feet
Taxes
$3,205.00
Zoning
R3
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

RefrigeratorStoveWater HeaterSeparate Electricity Meters

Exterior features

BrickStone

Lot and water

In-Law Suite
Rooms 11 rooms
Level
Room
Dimensions
Second level
Living room
2.47 m x 5.17 m
Ground level
Bedroom
1.64 m x 2.53 m
Second level
Kitchen
3.05 m x 3.19 m
Second level
Primary Bedroom
3.74 m x 3.66 m
Second level
Bedroom 2
3.74 m x 2.96 m
Main level
Kitchen
5.86 m x 4.68 m
Main level
Living room
3.6 m x 4.07 m
Main level
Primary Bedroom
3.6 m x 2.68 m
Main level
Bedroom 2
3.74 m x 2.29 m
Ground level
Living room
3.29 m x 3.11 m
Ground level
Kitchen
2.5 m x 3.63 m
Mortgage & Affordability Estimate monthly costs
Purchase price$529,900
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Frankford Ward
City
Quinte West
Postal code
K0K 2C0
Nearby
Mill St / Elgin Dr