363 FRONT STREET, Belleville (Belleville Ward), Ontario, CA

Address: 363 FRONT STREET, Belleville (Belleville Ward), Ontario

0 Beds0 Baths5800 sqftStatus: Buy
Price $2,299,900

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Square Footage
5800 sqft
Community Name
Belleville Ward
Land Size
33.49 x 98.98 FT
Building
Interior Features
Appliances Included
Dishwasher, Dryer
Building Features
Square Footage
5800 sqft
Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Water
Municipal water
Land
Other Property Information
Zoning Description
C2-6
Features
           Dishwasher            Dryer
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Your Home Finance Calculation

Property Price CA $2,299,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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