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    For Sale - 159-161 George Street, Belleville, Ontario

    Est payment $5,642/mo
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    Views   6
    Time on Jump  64 day

    AI Summary *

    • 6 unit multiplex located on a large lot in Old East Hill.
    • Main building features new windows and character-filled apartments.
    • Includes a two-story carriage house for additional rental options.
    • Gas boiler is 12 years old and well-maintained.
    • Annual revenue is $91,226 with manageable expenses.




    Here is a 6 unit multiplex on a large lot in the old east hill neighborhood. The building has undergone significant upgrades with new windows throughout the main building. There are 5 apartments in the main building and a 2 story carriage house in the rear. Each of the apartments has lots of character. The gas boiler is 12 years old and in good condition. Annual revenue $91,226. Expenses taxes $9,824 hydro and water $9,824 insurance $5454 maintenance estimated 7% $6,450.
    Listing IDX13077330
    Address159-161 George Street
    CityBelleville, Ontario
    Price$1,175,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Hot Water

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    Listing Agency:  Re/Max Quinte Ltd.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    159-161 George Street
    Belleville , Ontario
    $1,175,000
    Get more info