About Property

ATTENTION INVESTORS & FIRST-TIME HOME BUYERS! Don't miss this exceptional opportunity to own a well-maintained legal Triplex just minutes from CFB Trenton, offering a strong 5.5%+ Cap Rate with room to grow. This solid double-brick former schoolhouse boasts three spacious units: a 1-bedroom, a 2-bedroom, and a large 950 sq ft 3-bedroom unit, all fully tenanted with excellent long-term renters. Each unit features tall ceilings, separate entrances, and updated finishes, including Unit C, fully renovated in 2025, and Unit A in 2019. The property includes: Common coin-operated laundry3 separate breaker panels3 electric hot water tanks (new larger tank services Units A & C)Updated 200 AMP ESA-approved copper wiringNew septic system (2021) 1600 gal tank - its ready for 1 more unit with 1 bathNew circulation pump and shut-off valves for the hot water boiler systemConnected to municipal water and natural gas-Bonus features include a large unfinished loft with potential for future development and a 32' x 24' heated portable outbuilding (currently not wired) ideal for storage or potential additional rental income. Enjoy the private lot with no rear neighbours, views of the Bay of Quinte, and public water access just steps away. Unit B offers a private deck, and the property includes two separate driveways with ample parking for all tenants. With many updates already completed and significant income potential, this is a rare investment opportunity in a growing area. Act quickly, opportunities like this near CFB Trenton don't last long!-

Features