Looking for a turn-key investment property in the heart of downtown Belleville? Welcome to 291 Front Street a well-maintained, fully tenanted two-storey building offering a solid addition to any real estate portfolio. The main level features a reliable, long-term commercial tenant, while the second floor includes two beautifully finished one-bedroom apartments. Total yearly rental income of $82739.40. Landlord expenses include property taxes, insurance, and water/sewer services which come to approx13093.90 leaving an impressive net income of $69,645.50 and 8.8% cap rate. (id:52316)
ROYAL LEPAGE PROALLIANCE REALTY
$788,900
291 FRONT STREET, Belleville, Ontario
Property
MLS® Number: X12078365
Address: 291 FRONT STREET
City: Belleville
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
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Property Sale History
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