Listing ID: X13140160  
$939,500

188 HENRY STREET

RE/MAX REALTRON REALTY INC.

188 HENRY STREET, Quinte West (Trenton Ward), Ontario, K8V5L3
Bathrooms6 Bedrooms10
Property TypeMulti-family Building Area3000 - 3500 sqft

Must be sold together with 28 McColl St. Great Investment Opportunity in Trenton. 188 Henry St has four 2-bedroom units and two 1-bedroom unit. These two well-kept 6-unit apartment buildings are being sold together, sitting on abutting lots. The portfolio consists of a total of 12 residential units, comprised of ten spacious two-bedroom units and two one-bedroom units. Combined living area totals approximately 11,347 square feet of living space, which includes the lower-level apartments in each building (utility rooms excluded). The seller's preference is to convey both properties together. Ideally located on a quiet street in a residential neighborhood and close to all city amenities. Separately metered units with many long-term tenants, most paying for their own electricity and water, while the owner pays for heat for the buildings via two efficient gas-fired hot water boilers, as well as hydro and water for common areas. All units are generously sized, with some units renovated. Numerous capital improvements have been completed in recent years, including electrical, windows, roofing and front doors. These properties present excellent upside potential, with several of the long-term tenants currently paying rents significantly below current market value. Turn-key investment opportunity. Coin laundry in the basements of both buildings. Paved parking lot large enough to accommodate all tenants, with some exterior sheds available for additional storage. Don't miss this excellent investment opportunity with a positive cap rate and significant income growth potential. (id:10648)


Details
GarageNo CarportNo
Attached GarageNo Open ParkingNo
Parking Total6 WaterfrontNo
Frontage Length112 ft ,4 in ViewNo
Building
Cooling TypeNone CoolingYes
Levels2 PoolNo
SewerSanitary sewer Stories2

Listing Office: RE/MAX REALTRON REALTY INC.

Data Provided by Toronto Regional Real Estate Board

Last Modified :Sun, 17 May 2026 20:45:09 GMT

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