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291 Front Street Belleville (Belleville Ward), Ontario K8N 2Z6

4000 sqft
Fully Air Conditioned Forced Air

$788,900

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:39107)

Property Details

MLS® Number X12078365
Property Type Office
Community Name Belleville Ward

Building

Appliances Dryer, Two Washers
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 4000 Sqft
Type Offices
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 94 Ft ,7 In
Size Frontage 23 Ft
Size Irregular 23.041 X 94.625 Ft
Size Total Text 23.041 X 94.625 Ft
Zoning Description Mx1

https://www.realtor.ca/real-estate/28157888/291-front-street-belleville-belleville-ward-belleville-ward

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Royal LePage Proalliance Realty
357 Front Street
Belleville, Ontario K8N 2Z9

(613) 966-6060
(613) 966-2904
www.discoverroyallepage.ca/

Royal LePage Proalliance Realty
357 Front Street
Belleville, Ontario K8N 2Z9

(613) 966-6060
(613) 966-2904
www.discoverroyallepage.ca/