Must be sold together with 188 Henry St.Great Investment Opportunity in Trenton. 28 McColl St has five 2-bedroom units and one 1+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.
Under Contract:
None
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Total Approx Floor Area:
3500-5000
Lot Depth:
113'11"34.7 m
Lot Frontage:
59'2"18 m
Lot Shape:
Irregular
Direction Faces:
West
Bedrooms:
11+1
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
6
Bedrooms Above Grade:
11
Bedrooms Below Grade:
1
Kitchens Above Grade:
6
Rooms Above Grade:
30
Rooms Below Grade:
3
Heating type:
Water
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Apartment
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
No
Possession Details:
60 Days/TBA
Lot Irregularities:
57.14x113.92x93.73x28.37x42.27
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$7,542 /
2025
Assessment:
$- /
-
Hastings
Quinte West
Trenton Ward
Hospital, School, Public Transit, Park, Marina, Lake/Pond
Water Heater, Water Heater Owned, Separate Heating Controls, Separate Hydro Meter
Smoke Detector
None
6 Fridges, 6 Stoves, Coin Washer & Dryer, 7 Hot Water Tanks (Owned),
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