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Belleville,ON K8P 1J4
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Belleville Ward
MLS Listing ID X12168570
Style 2-Storey
Bedrooms 7
Building Age 100+
Annual Tax Amount $3,835
Tax Year 2024
Property Sub-Type Triplex
Property Description
Many want-to-be-real-estate-investors will use all 10 fingers and all 10 toes to find a reason NOT to invest. Don't be that investor. Put those digits (and your spreadsheets) to good use. Take a look at this nicely updated, fully tenanted triplex in the heart of Belleville. The bright 1 bedroom upstairs unit is recently renovated. The two lower units bring in market rent, and all tenants pay their own water, sewer, heat and hydro utilities. A metal roof was added in 2017, as well as 2 new gas furnaces. More recent updates include windows, flooring, kitchens, bathroom updates, a new gas fireplace for the upstairs unit and new side decks for the lower units. Each unit has its own laundry. Even better this beautifully maintained property includes plenty of parking and is walking distance to shopping. Public transit stops here. If you've been looking for an easy, cash-flowing investment with an 8.8% CAP rate, you've found it.
Location
Province ON
County Hastings
Community Belleville Ward
Area Hastings
Rooms
Family Room Yes
Kitchen 3
Interior
Cooling None
Fireplaces Type Natural Gas
Exterior
Parking Features Private
Pool None
Roof Type Metal
Building
Foundation Stone