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16 GRAHAM STREET, Belleville (Belleville Ward), Ontario, K8P1P3

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For sale, ID#: X13598384
16 GRAHAM STREET
Belleville (Belleville Ward) Ontario
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6 Beds
3 Bath
$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:2471)

Representative
Ricardo Melendro
Ricardo MelendroDND-IRP Registered Sales Representative
Royal LePage ProAlliance Realty Brokerage - Trenton
Property Details
  • Property Address: 16 GRAHAM STREET, Belleville (Belleville Ward), Ontario, K8P1P3
  • Community Name: Belleville Ward
  • Property Type: Multi-family
  • Zoning Description: R-4
  • Lot Size: 66171 x 171.1 FT
  • Acreage: 66171 x 171.1 FT|under 1/2 acre
  • Sewage Type: Sanitary sewer
  • Water Type: Municipal water
  • Driveway: No Garage
  • Total Parking Spaces: 8
  • Maintenance Fee: 0.00
  • Amenities Nearby: Golf Nearby, Hospital, Place of Worship, Public Transit, Schools
Structure Details
  • Structure Style: Triplex
  • Storeys: 1.5
  • Floor Space: 3000 - 3500 sqft
  • Building Age: 51 to 99 years
  • Bedrooms: 6
  • Bathrooms: 3-Total
  • Basement Type: N/A, N/A (Finished)
  • Heating Type: Natural gas, Forced air
  • Cooling: Central air conditioning
  • Exterior Type: Vinyl siding
  • Foundation Type: Poured Concrete, Unknown
  • Appliances Included: Water Heater, Water meter
  • Structures: Deck, Porch, Shed
Amenities / Features
  • Irregular lot size
  • Flat site
Neighbourhood Information

Listing Offices: Royal Lepage Proalliance Realty

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16 GRAHAM STREET, Belleville (Belleville Ward), Ontario, K8P1P3

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