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: Office
- Area: 4000 sq ft
- Lot size: 0 sq ft
- SubdivisionName: Belleville Ward
- ListOfficeName: ROYAL LEPAGE PROALLIANCE REALTY
- MLS ID: X12078365
Description
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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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