291 Front St, Belleville, K8N 2Z6

Listing Overview

Description

Looking for a turn-key investment property in the heart of downtown Belleville? Welcome to 291 Front Street a well-maintained, fully tenanted two-storey building offering a solid addition to any real estate portfolio. The main level features a reliable, long-term commercial tenant, while the second floor includes two beautifully finished one-bedroom apartments. Total yearly rental income of $82739.40. Landlord expenses include property taxes, insurance, and water/sewer services which come to approx $14,986.02 leaving an impressive net income of $67,753.38 and 8.6% cap rate.

1 year

On Market

Investment

Property Type

$8,033 / Year

Est. Taxes

Office

Style

-

Business Type

N

Franchise