16 Graham Street

Belleville, ONMulti-family
$649,900
MLS® X13598384
Multi-family6 beds3 baths8 total
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About This Property

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:63604)

Key Facts

Type
Multi-family
Beds
6
Baths
3
Size
3,000 sqft
Lot
66171 x 171.1 FT
Parking
8 total

Highlights

  • Water meter
  • Water Heater
Property Details 18 details
Bedrooms
6 bedrooms
6 above grade
Bathrooms
3 bathrooms
Parking
8 parking spaces
No Garage
Living area
3,000 - 3,500 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Triplex
Attached status
Attached
Storeys
1.50
Basement
Finished, Separate entrance
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
66171 x 171.1 FT
Frontage
66,171 feet
Taxes
$4,289.00
Zoning
R-4
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

Water meterWater Heater

Exterior features

Vinyl sidingPoured Concrete

Systems and association

SewerElectricityCable

Lot and water

Irregular lot sizeFlat site
Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$649,900
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Belleville Ward
City
Belleville
Postal code
K8P 1P3
Nearby
Cross Streets: Sidney St. & Graham St. ** Directions: Take Sidney St. to Graham St.
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