$674,000
Available - For Sale
Listing ID: X12168570
91 Bridge Stre West , Belleville, K8P 1J4, Hastings
| Net income of $59,021/year and a CAP rate of 8.8%! And that was before one unit was vacated. Prospective tenants are being screened now to take occupancy at market rent for one empty unit (91A). Don't be that want-to-be-real-estate-investors who uses all 10 fingers and all 10 toes to find a reason NOT to invest. Put those digits (and your spreadsheets) to good use. Take a look at this nicely updated triplex in the heart of Belleville. The bright 1 bedroom upstairs unit is recently renovated. The two lower units have been bringing in great rental income. One turned over in September and continues to bring in market rent. Separate meters means all tenants pay their own water, sewer, heat and hydro utilities. A metal roof was added in 2017, as well as 2 new gas furnaces. More recent updates include windows, flooring, kitchens, bathroom updates, a new gas fireplace for the upstairs unit and new side decks for the lower units. Each unit has its own laundry. Even better this beautifully maintained property includes plenty of parking and is walking distance to shopping. Public transit stops here. If you've been looking for an easy, cash-flowing investment with an 8.8% CAP rate, you've found it. |
| Price | $674,000 |
| Taxes: | $3835.75 |
| Occupancy: | Tenant |
| Address: | 91 Bridge Stre West , Belleville, K8P 1J4, Hastings |
| Acreage: | < .50 |
| Directions/Cross Streets: | Highland Avenue |
| Rooms: | 19 |
| Bedrooms: | 7 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Full, Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Dining Ro | 11.81 | 8.99 | |
| Room 2 | Main | Kitchen | 11.22 | 13.51 | |
| Room 3 | Main | Living Ro | 11.84 | 15.45 | |
| Room 4 | Second | Bedroom | 11.35 | 8.95 | |
| Room 5 | Second | Bedroom 2 | 7.68 | 12.66 | |
| Room 6 | Second | Bedroom 3 | 10.76 | 11.81 | |
| Room 7 | Main | Dining Ro | 11.81 | 8.92 | |
| Room 8 | Main | Kitchen | 11.15 | 13.45 | |
| Room 9 | Main | Living Ro | 11.78 | 15.35 | |
| Room 10 | Second | Bedroom | 8.72 | 12.27 | |
| Room 11 | Second | Bedroom 2 | 11.32 | 8.59 | |
| Room 12 | Second | Bedroom 3 | 11.84 | 11.84 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Second |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Second |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Second |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 4 | Second |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | Second |
| Washroom Type 12 | 4 | Second |
| Washroom Type 13 | 4 | Second |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 4 | Second |
| Washroom Type 17 | 4 | Second |
| Washroom Type 18 | 4 | Second |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Triplex |
| Style: | 2-Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 5 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 2500-3000 |
| Property Features: | Public Trans |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE PROALLIANCE REALTY |
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Hastings |
| Municipality: | Belleville |
| Neighbourhood: | Belleville Ward |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $3,835.75 |
| Beds: | 7 |
| Baths: | 5 |
| Fireplace: | Y |
| Pool: | None |
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