10 - 12 Murney Street Active Save Request In-Person Tour Request Virtual Tour
Belleville,ON K8P 3N6
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 30,773 sqft
Price per Sqft $25
MLS Listing ID XH4203136
Annual Tax Amount $5,725
Property Description
Outstanding Opportunity for Investors with an Impressive 10+% Cap Rate! This Exceptional Turnkey Property is a Rare Find. Current Net Operating Income of $91,613 Per Year. This meticulously maintained property offers 5 Residential Units, including a 1-5 bedroom, 1-3 bedroom, and 3Bachelor units. The property boasts a beautifully landscaped secluded yard, private parking for 6cars, and is conveniently located near 3 bus routes. Additional features include coin laundry, keyless entries, cameras, and a fire-system for fire compliance. Recently Renovated in 2022-2023with updates such as a new deck, eavestrough, roof, siding, trench rainwater drainage system, laminate flooring, bathrooms, kitchens, parking spots, walkway, stairs, and appliances. This property also benefits from a very low maintenance property management system. Hot Water Tank: 1 Owned 2 Rented ($63.37). Lot area: 6383sqf, building 3444 sqf. All units fully furnished, furniture is negotiable.
Location
Province ON
County Hastings
Area Belleville
Zoning R2
Interior
Heating Baseboard,Gas Forced Air Open,Radiant
Exterior
Garage Lane,Outside/Surface
Utilities Available Available
Waterfront No
Building
Lot Description Urban,Irregular Lot,Public Transit
Sewer Sanitary
Water Municipal
New Construction No