ON > Belleville > Belleville Ward
Belleville, ON K8P 1J4,91 Bridge ST W
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Belleville, ON K8P 1J4,91 Bridge ST W
Belleville, ON K8P 1J4,91 Bridge ST W
Belleville, ON K8P 1J4,91 Bridge ST W
Belleville, ON K8P 1J4,91 Bridge ST W
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 674,000
Est. payment /mo
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Active

91 Bridge ST W Belleville, ON K8P 1J4

7 Beds

3 Baths

2,900 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $232

Subdivision Belleville Ward

MLS Listing ID X12168660

Bedrooms 7

Annual Tax Amount $3,835

Tax Year 2024

Property Sub-Type Investment

Lot Depth 108.9

Lot Front 52.0

Property Description

**Updated Income and Expenses Available** Net income of $63,221/year and a CAP rate of 9.4%! This triplex boasts a new crop of A+ tenants all paying market rent and their own utilities. Don't be that want-to-be-real-estate-investors who uses all 10 fingers and all 10 toes to find a reason NOT to invest. Put those digits (and your spreadsheets) to good use. Take a look at this nicely updated triplex in the heart of Belleville. The bright 1 bedroom upstairs unit is recently renovated. The two lower units have been bringing in great rental income. One was just refreshed with new paint and flooring throughout. Separate meters means all tenants pay their own water, sewer, heat and hydro utilities. A metal roof was added in 2017, as well as 2 new gas furnaces. More recent updates include windows, flooring, kitchens, bathroom updates, a new gas fireplace for the upstairs unit and new side decks for the lower units. Each unit has its own laundry. Even better this beautifully maintained property includes plenty of parking and is walking distance to shopping. Public transit stops here. If you've been looking for an easy, cash-flowing investment with a 9.4% CAP rate, you've found it.

Location

Province ON

County Hastings

Community Belleville Ward

Area Hastings

Rooms

Kitchen 3

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 52.0

Lot Depth 108.9

Building

Building Age 100+

Others

ParcelsYN No

Listed by ROYAL LEPAGE PROALLIANCE REALTY
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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91 Bridge ST W

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