16 GRAHAM STREET
Belleville (Belleville Ward), Ontario
MLS® X13598384
$649,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13598384
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- —
1 / 39Listing description
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.
Property summary
- MLS® number
- X13598384
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 66171 x 171.1 FT
- Annual property taxes
- $4,289.00
- Parking
- 8 spaces · No Garage
- Days on market
- 56 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Separate entrance, N/A, N/A
- Appliances
- Water meter, Water Heater
- Exterior features
- Vinyl siding
- Lot features
- Irregular lot size, Flat site
What would this home cost you?
Based on the $649,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal Lepage Proalliance Realty, Tweed.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.