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188 HENRY STREET, Quinte West (Trenton Ward)
2026-05-18
Quick Summary
- Location
- 188 HENRY STREET, Quinte West (Trenton Ward), Ontario K8V5L3
- Price
- $939,500
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 3000 - 3500 sqft
- Bedrooms:
- 10
- Bathrooms:
- 6
- Garages:
- 6
MLS®#X13140160
Property Description
Must be sold together with 28 McColl St, MLS #X13140164. Great Investment Opportunity in Trenton. Some VTB possible. 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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Marina, Public Transit, Schools, Hospital, Park
Building
- Appliances: Water Heater, Water meter, Dryer, Stove, Washer, Refrigerator
- Basement Features: Apartment in basement
- Basement Type: N/A
- Cooling Type: None
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 3000 - 3500 sqft
- Building Type: Other
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Irregular lot size
Land
- Land Size: 112.4 x 56.5 FT ; 56.46x112.92x64.53x60.18x11.16x42.27
- Sewer: Sanitary sewer
Zoning
- Description: R6
Information entered by RE/MAX REALTRON REALTY INC.
Listing information last updated on: 2026-06-10 23:47:10
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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