Realestate

Property Details

1 of 39
$649,900
16 Graham Street, Belleville, ON K8P 1P3
6
3
MLS®X13598384
Property Type
Residential Freehold
Sub Type
Triplex
Heating
Forced Air
Cooling
Central Air
Lot Size
171.1 x 66171 Feet
Approx Age
51-99
This Triplex has had some extensive updates over the years! The 1.5 Storey Investment Property presents an exceptional opportunity for investors or those seeking a versatile income producing asset. Offering approximately 3,477 sq ft of finished living space, the building features 3 self contained units with a total of 6 bedrooms, 3 bathrooms and 3 kitchens. The property is fully occupied with a current gross rental income of $5050 per month ($60,600 annually), providing immediate cash flow from day one. Recent improvements include a newly renovated basement adding to the property's appeal and long term value. Additional updates over the years include a newer roof (2018), updated eavestroughs (2019), refreshed interior finishes, a 200 amp electrical service (6-7 years old), 2 gas fireplaces, 2 central air conditioning units (6-7 yrs old), a 60 gallon hot water tank and the convenience of 2 driveways (one double wide and one single) offering ample parking for tenants. Whether you're looking to expand your investment portfolio or secure a turnkey income property with strong rental history, this fully occupied multi unit building is an opportunity not to be missed.
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