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121 STATION STREET
Belleville Ontario , K8N2S9 , Canada
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Joey Rufo
Agent
Broker
Phone: 613.966.6060

Royal LePage ProAlliance Realty
Brokerage:
357 FRONT ST.- EMPIRE SQUARE
Belleville, ON
K8N2Z9
Phone: 613.966.6060
Fax: 613.966.2904
/jumplisting/rlp/images/logo/rlp_logo_sm.gif

Doug Peterson
Agent Photo
Sales Representative
Phone: 613.966.6060

Brokerage:
Royal LePage ProAlliance Realty
357 FRONT ST.- EMPIRE SQUARE
Belleville, ON
K8N2Z9
Phone: 613.966.6060
Fax: 613.966.2904
$899,900.00
MLS® X8369506
Investment
Lot Size: 35.5 x 126.75 FT
No. of Parking Spaces: 4
Total Bedrooms: 7
Total Bathrooms: 7
Remarks:
With Rents On The Rise, Buy-And-Hold Rental Investment Is A Shining Star In Today's Real Estate Market. Once In A Great While, We Find An Income Property Like This One. Owned By The Same Family For Over 40 Years This 6-7 Unit Property Is A Solid Moneymaker. Currently, There Are 4-1 Bedroom Units & 2 Bachelors. The 7th Is Currently The Owner's Office And Could Be Rented As A Studio/Room At $800/Month. All Units Have Separate/Private Entrances (No Hallways or shared entrances). With A Potential Gross Income Of $96,000 The Property Nets Approximately $72,000 Before Financing With A Cap Of Almost 9%. The Property Is In Excellent Condition, With All Wiring and plumbing updated. 2 Units Are Newly Refreshed, and 1 has just been renovated. Mostly at market rents and with increases possible on turnovers. Great tenants who are all working folks or retirees. Very clean, well-kept property, creating worry-free cash flow. (id:7525)

Property Features:
  • Amenities Nearby: Hospital , Park , Public Transit , Schools
  • Community Features: Community Centre , School Bus
  • Property Type: Multi-family
  • Sewer: Sanitary sewer
  • Utility Type: Sewer - Installed
  • Utility Type: Cable - Installed
Building Features:
  • Appliances: Refrigerator , Stove , Two stoves
  • Building Type: Other
  • Exterior Finish: Stone
  • Foundation Type: Stone
  • Heating Fuel: Electric
  • Heating Type: Baseboard heaters

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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