For Sale - 35 Union Street, Belleville, Ontario

Est payment $50,415/mo
Views   1
Time on Jump  7 day
  • Well-maintained 45-suite residential apartment building with steady rental income.
  • Consists of 35 two-bedroom and 10 one-bedroom suites.
  • Conveniently located near schools, parks, shopping, and recreation.
  • Fully occupied with long-term tenants and a waiting list.
  • Building equipped with security camera system for safety.



Fantastic investment opportunity to acquire this well maintained and fully tenanted 45 suite residential apt building. Consists of 35-2 bedroom suites & 10-1 bedroom suites, tenant pays their own heat & hydro. Many improvement have been made to this turn key building conveniently located close to all amenities schools, parks, shopping & recreational center. Many units rented to long term aaa tenants. Fully occupied w/long waiting list, the building is monitored by security camera system ***assumable 1st mortgage approximately 4. 7mil @3. 50% interest, maturing december 1st, 2027 & 2nd mortgage available by seller @ 3. 5% interest rate with 25% down payment.
Listing IDX12991268
Address35 Union Street
CityBelleville, Ontario
Price$10,499,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentBasement 1Heating / Cooling BaseboardSewer Sanitary+Storm
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Listing Agency:  HOMELIFE/FUTURE REALTY INC.

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35 Union Street
Belleville , Ontario
$10,499,000
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