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    For Sale - 45 Black Diamond Road, Belleville, Ontario

    Est payment $9,599/mo
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    Views   1
    Time on Jump  13 day




    Exceptional investment opportunity featuring nine detached residential rental units on one 2. 74-acre parcel, conveniently located on black diamond road just minutes from highway 401. Fully rented and family owned since 1978, this established income-producing property is serviced by municipal water, municipal sewer and natural gas. The unit mix includes six 2-bedroom homes, two 3-bedroom homes and one 1-bedroom home, with many of the units having received updates over the years. Capital improvements include five newer furnaces and nine separate 100-amp electrical panels. The property also includes a detached 2. 5-car garage and a detached single-car garage, providing additional storage and functionality. Frontage on two separate roads offers convenient access and added flexibility. One tenant currently manages snow removal and lawn maintenance, helping to reduce operating expenses. Ideally suited to investors seeking to expand their portfolio or multi-generational families looking for separate residences on one property, this unique offering provides established rental income, long-term potential and convenient access to major routes, amenities and services. Properties of this size and configuration are rarely available.
    Listing IDX13659154
    Address45 Black Diamond Road
    CityBelleville, Ontario
    Price$1,999,000
    Bath9 Full
    StyleBungalow, Multiplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features NoneOwnership FreeholdBasement Crawl SpaceFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 21.50
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    Listing Agency:  Royal Lepage Proalliance Realty

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    45 Black Diamond Road
    Belleville , Ontario
    9 $1,999,000
    Get more info