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16 Graham Street Belleville (Belleville Ward), Ontario K8P 1P3

6 Bedroom 3 Bathroom 3000 - 3500 sqft
Central Air Conditioning Forced Air

$649,900

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. (id:45725)

Property Details

MLS® Number X13598384
Property Type Multi-family
Community Name Belleville Ward
Amenities Near By Golf Nearby, Hospital, Place Of Worship, Public Transit, Schools
Features Irregular Lot Size, Flat Site
Parking Space Total 8
Structure Deck, Porch, Shed

Building

Bathroom Total 3
Bedrooms Above Ground 6
Bedrooms Total 6
Age 51 To 99 Years
Appliances Water Heater, Water Meter
Basement Development Finished
Basement Features Separate Entrance
Basement Type N/a, N/a (finished)
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Poured Concrete, Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3000 - 3500 Sqft
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Golf Nearby, Hospital, Place Of Worship, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 171 Ft ,1 In
Size Frontage 66171 Ft
Size Irregular 66171 X 171.1 Ft
Size Total Text 66171 X 171.1 Ft|under 1/2 Acre
Zoning Description R-4

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30071214/16-graham-street-belleville-belleville-ward-belleville-ward

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