121 Station Street Belleville, Ontario K8N 2S9
$899,900
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 moneymaker. Currently there are 4-1 bedroom units and 2 bachelors. The 7th is currently the owners office and could be rented as a studio\room at $700/month. All units have separate/private entrances (no hallways) and 4 units have metered utilities which the tenant pays. The property nets approximately $70,000 before financing with a CAP of 8%. The owner personally manages the property and it is in excellent condition with all wiring, plumbing and fire code updated. There is a large backyard and parking for most of the units. Located in a developing area of Belleville with several new buildings nearby. Close to downtown, riverfront trail and public transportation. This is one not to be overlooked! (id:47723)
Property Details
| MLS® Number | 40291787 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Communication Type | High Speed Internet |
| Community Features | Community Centre, School Bus |
| Features | Park/reserve |
| Parking Space Total | 4 |
Building
| Bathroom Total | 7 |
| Bedrooms Total | 7 |
| Basement Type | None |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Stone, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Stone |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 2400 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access, Rail Access |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Depth | 127 Ft |
| Size Frontage | 36 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R4 |
Utilities
| Cable | Available |
| Electricity | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/24641337/121-station-street-belleville
Interested?
Contact us for more information
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 The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
July 08 2022 05:59:49
Quinte & District Association of REALTORS® Inc.
Royal LePage Proalliance Realty, Brokerage