16 Graham Street, Belleville, Ontario K8P 1P3

Listed for:
$649,900
6 beds
3 baths
Listed 2 days ago
Triplex for rent: 16 Graham Street, Belleville, Ontario K8P 1P3

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About

Cross Streets: Sidney St. & Graham St. ** Directions: Take Sidney St. to Graham St. 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:27476)

Property Highlights

MLS® Number
X13598384
Type
Multi-family
Community Name
Belleville Ward
Land Size
66171 x 171.1 FT|under 1/2 acre
Parking Space Total
8

Building

Building Type
Triplex
Storeys
1.50
Square Footage
3000 - 3500 sqft
Bathrooms Total
3
Bedrooms Above Ground
6
Bedrooms Total
6
Amenities
Golf Nearby, Hospital, Place of Worship, Public Transit, Schools
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
N/A, N/A (Finished)
Basement Features
Separate entrance
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
Royal Lepage Proalliance Realty
MLS® number:
X13598384
Agent:
Diana Cassidy-bush
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