291 FRONT STREET

  • 8 months ago
OfficeOntarioBelleville (Belleville Ward)K8N2Z6291 Front Street, Belleville (Belleville Ward), Ontario, Canada, K8N2Z6

291 Front Street, Belleville (Belleville Ward), Ontario, Canada, K8N2Z6

291 Front Street, Belleville (Belleville Ward), Ontario, Canada, K8N2Z6

Basics

  • Date added: Added 8 months ago
  • Category:
  • Area: 4000 sq ft
  • Lot size: 0 sq ft
  • SubdivisionName: Belleville Ward
  • ListOfficeName: ROYAL LEPAGE PROALLIANCE REALTY
  • MLS ID: X12078365

Description

  • Description:

    Looking for a turn-key investment property in the heart of downtown Belleville? Welcome to 291 Front Street a well-maintained, fully tenanted two-storey building offering a solid addition to any real estate portfolio. The main level features a reliable, long-term commercial tenant, while the second floor includes two beautifully finished one-bedroom apartments. Total yearly rental income of $82739.40. Landlord expenses include property taxes, insurance, and water/sewer services which come to approx $14,986.02 leaving an impressive net income of $67,753.38 and 8.6% cap rate. (id:62692)

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Building Details

  • Heating: Forced air
  • Sewer: Sanitary sewer

Amenities & Features

  • Waterfront available: No
  • OpenParkingYN: No
  • AttachedGarageYN: No
  • GarageYN: No
  • CarportYN: No
  • PoolYN: No
  • CoolingYN: Yes
  • Cooling: Fully air conditioned
  • Total Fireplaces: 0

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