$649,900

Investment For Sale In Belleville (Belleville Ward), Ontario

$649,900

Property Information:

Investors take note. Attractive, purpose-built TRIPLEX in the heart of Belleville. This 3 level, all-brick building has a dedicated, secure entrance leading to each of the 3 units. Each unit is laid out with similar floor plans & each offers 2 bedrooms, 4-piece bathrooms, spacious living rms with corner gas fireplaces, eat-in kitchens, appliances & storage. Unit A is the main/lower lvl unit & tenants pay $935/mth PLUS: hydro & water/sewer. Tenant has been there for approx. 8-9yrs. The unit has 2 bdrms, 1 with ensuite privileges to the main bath. Patio area off kitchen. Unit B is mid lvl unit (2nd floor) & tenants pay $820/month PLUS: hydro & water/sewer. Tenant has been there approx. 11-12yrs & this tenant cuts the grass for landlord & willing to continue at no-cost to the new landlord. The unit has 2 bdrms, 1 with walk-in closet & ensuite privileges to bathroom. 2nd bdrm has dbl closets. Patio doors off both living rm & dining area leading to a full length balcony. Unit C is the upper lvl unit (3rd floor) & tenants pay $1750/month plus: gas, hydro & water/sewer. Tenant is on a lease & has been there since Sept. 2025. The unit has 2 bdrms, 1 with ensuite privileges to the bathroom. 2 patio doors leading to a full length balcony. The unit has been renovated just prior to the current tenant moving in. Unit C & Unit B are identical in layout. Main lvl has a common laundry area with coin-operated machines & sink, bringing in an income of approx. $1500/yr. 4 hydro meters (1 per unit plus 1 common), 3 gas meters, 4 water meters (1 per unit & 1 common) & 4 Hot Water Tanks (1 per unit plus 1 common). Total gross rental income & laundry income is $43,560 annually. 24 hour notice for showings. Includes: 3 fridges, 3 stoves, 1 coin-op washer, 1 coin-op dryer & light fixtures. The seller has snow removal done at a cost of $300/season. Add this great property to your investment portfolio. Detailed income & expenses available. (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Air Conditioning: Yes
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Type: None
  • Exterior Finish: Brick
  • Fire Protection: Controlled entry, Smoke Detectors
  • Fireplace: Yes
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric, Natural gas
  • Cooling Type: Wall unit
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 9
  • Amenities Nearby: Golf Nearby, Hospital, Marina, Park, Public Transit, Schools
  • Features: Sloping
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 134.2 Feet
  • Lot Frontage: 74.3 Feet
  • Lot Size: 74.4 x 134.2 FT
  • Structure Type: Patio(s)
  • Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
  • Zoning: R4
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

Courtesy of: Royal LePage ProAlliance Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • Unit A -
  • Unit A -
  • Unit A -
  • Unit A -
  • Unit A -
  • Unit A -
  • Unit A -
  • Unit A -
  • Unit A -
  • Unit A -
  • Unit A -
  • Unit B -
  • Unit B -
  • Unit B -
  • Unit B -
  • Unit B -
  • Unit B -
  • Unit B -
  • Unit B -
  • Unit B -
  • Unit B -
  • Unit B -
  • Unit C -
  • Unit C -
  • Unit C -
  • Unit C -
  • Unit C -
  • Unit C -
  • Unit C -
  • Unit C -
  • Unit C -
  • Unit C -
  • Unit C -