16 Graham Street,Belleville, ON K8P 1P3
Belleville, ON K8P 1P3
Description
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.
Details
| MLS # | X13598384 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 39 |
| Listing Provided By | Royal Lepage Proalliance Realty | X13598384 179011 |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 259.91 |
Interior
| Interior Features | Water Heater Owned |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Deck, Porch, Year Round Living |
|---|---|
| Roof | Shingles |
| Foundation Details | Poured Concrete, Unknown |
| Topography | Flat |
| Construction Materials | Vinyl Siding |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private Double |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 4289 |
|---|---|
| Tax Legal Description | PT LT 7 N/S HERCHIMER ST PL R594 THURLOW AS IN QR650902; BELLEVILLE; COUNTY OF HASTINGS |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Hastings |
| City | Belleville |
| Postal Code | K8P 1P3 |
| Area | Belleville Ward |
| Listing VS Median (in K8P 1P3) | |
Price: $649,900 low | high Med: $0 On site: 39 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Hastings |
| City | Belleville |
| Postal Code | K8P 1P3 |
| Area | Belleville Ward |
| Listing VS Median (in K8P 1P3) | |
Price: $649,900 low | high Med: $0 On site: 39 low | high Med: | |
