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    For Sale - 291 Front Street, Belleville, Ontario

    Est payment $3,788/mo
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    Views   1
    Time on Jump  198 day

    AI Summary *

    • Turn-key investment property in the heart of downtown Belleville.
    • Fully tenanted two-storey building with reliable long-term commercial tenant.
    • Two beautifully finished one-bedroom apartments on the second floor.
    • Impressive yearly rental income of $82,739.40.
    • Strong net income of $69,645.50 with an 8.8% cap rate.




    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.
    Listing IDX12078365
    Address291 Front Street
    CityBelleville, Ontario
    Price$788,900
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary

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    Listing Agency:  ROYAL LEPAGE PROALLIANCE REALTY

    * 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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    291 Front Street
    Belleville , Ontario
    $788,900
    Get more info