121 Station St, Belleville

121 Station St, Belleville K8N2S9

2-Storey, Multiplex Property
7 Rooms Total, 7 Kitchens
4 Parking Spaces

35.50 x 126.75

Hospital, Park, Public Transit, Rec Centre, School, School Bus Route
None Basement
Stone Exterior

With Rents On The Rise, Buy-And-Hold Rental Investment Is A Shining Star In Today's Real Estate Market. Once In A Great While, We Find An Income Property Like This One. Owned By The Same Family For Over 40 Years This 6-7 Unit Property Is A Solid Moneymaker. Currently, There Are 4-1 Bedroom Units & 2 Bachelors. The 7Th Is Currently The Owner's Office And Could Be Rented As A Studio/Room At $800/Month. All Units Have Separate/Private Entrances (No Hallways Or Shared Entrances). With A Potential Gross Income Of $96,000 The Property Nets Approximately $72,000 Before Financing With A Cap Of Almost 9%. The Property Is In Excellent Condition, With All Wiring And Plumbing Updated. 2 Units Are Newly Refreshed, And 1 Has Just Been Renovated. Mostly At Market Rents And With Increases Possible On Turnovers. Great Tenants Who Are All Working Folks Or Retirees. Very Clean, Well-Kept Property, Creating Worry-Free Cash Flow.

Lt 2 Pl 185 Thurlow; Belleville; County Of Hasting

4-piece on main level
4-piece on 2nd level
3-piece on main level
4-piece on 2nd level
4-piece on main level