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91 Bridge W Street, Belleville (Belleville Ward), ON K8P1J4
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$674,000
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Home Details for 91 Bridge W Street
Price
$674,000
Type
Multi Family
Bedrooms
7
Total Bathrooms
5
Listing #
X12168570
On exitrealty.com
178 days
Property Description
**Updated Income and Expenses Available** Net income of $63,221/year and a CAP rate of 9.4%! This triplex boasts a new crop of A+ tenants all paying market rent and their own utilities. Don't be that want-to-be-real-estate-investors who uses all 10 fingers and all 10 toes to find a reason NOT to invest. Put those digits (and your spreadsheets) to good use. Take a look at this nicely updated triplex in the heart of Belleville. The bright 1 bedroom upstairs unit is recently renovated. The two lower units have been bringing in great rental income. One was just refreshed with new paint and flooring throughout. Separate meters means all tenants pay their own water, sewer, heat and hydro utilities. A metal roof was added in 2017, as well as 2 new gas furnaces. More recent updates include windows, flooring, kitchens, bathroom updates, a new gas fireplace for the upstairs unit and new side decks for the lower units. Each unit has its own laundry. Even better this beautifully maintained property includes plenty of parking and is walking distance to shopping. Public transit stops here. If you've been looking for an easy, cash-flowing investment with a 9.4% CAP rate, you've found it. (id:31684)
- Heating Information
- Forced Air
- Natural Gas
- Cooling Information
- None
Listing Courtesy: ROYAL LEPAGE PROALLIANCE REALTY
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EXIT REALTY GROUP, BROKERAGE
100 Bell Blvd. Suite 200, Belleville, ON K8P 4Y7
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$674,000
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EXIT REALTY GROUP, BROKERAGE
100 Bell Blvd. Suite 200, Belleville, ON K8P 4Y7