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363 Front Street Belleville, Ontario K8N 2Z9

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  • 363 Front Street, Belleville, Ontario  K8N 2Z9 - Photo 1 - X12440543
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5,800 ft2
Fully Air Conditioned Baseboard Heaters

$2,299,900

25% DOWN FOR A CASH FLOWING 8 UNIT ON A TRANSFERABLE 40 YEAR MLI SELECT LOAN. Over 6% Cap. Secure $160,800 in annual income from this exceptional, fully tenanted, turn-key commercial property in the heart of Bellevilles dynamic downtown. Ductless Splits recently installed all res units. Completely rebuilt to modern standards, this property boasts brand-new construction, including framing, walls, flooring, plumbing, electrical panel, wiring, windows, doors, and lighting all designed to meet current building codes and minimize future maintenance. Each tenant is responsible for their own utilities, providing low overhead and strong net returns for investors. Positioned in a high-demand location, 363 Front Street is a rare opportunity offering both immediate cash flow and long-term appreciation potential. Properties of this caliber are in short supply. New Buyer must qualify for MLI loan. (id:41589)

Brochure

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X12440543
Property Type Multi-family
Community Name Belleville Ward

Building

Appliances Dishwasher, Dryer
Cooling Type Fully Air Conditioned
Heating Type Baseboard Heaters
Size Interior 5,800 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 98 Ft ,11 In
Size Frontage 33 Ft ,5 In
Size Irregular 33.49 X 98.98 Ft
Size Total Text 33.49 X 98.98 Ft
Zoning Description C2-6
  • Aerial

https://www.realtor.ca/real-estate/28941868/363-front-street-belleville-belleville-ward-belleville-ward

Kayla Smith
Salesperson

(289) 244-3483

RE/MAX Escarpment Realty Inc., Brokerage
214 King Street #mainb
St. Catharines, Ontario L2V 1W9

(905) 545-1188
remaxescarpment.com/

Adam Krawec
Salesperson

(289) 968-0782

RE/MAX Escarpment Realty Inc., Brokerage
214 King Street
St. Catharines, Ontario L2V 1W9

(905) 545-1188
remaxescarpment.com/

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