1 of 22 - 363 Front Street, Belleville (belleville Ward), Ontario
2 of 22 - 363 Front Street, Belleville (belleville Ward), Ontario
3 of 22 - 363 Front Street, Belleville (belleville Ward), Ontario
4 of 22 - 363 Front Street, Belleville (belleville Ward), Ontario
5 of 22 - 363 Front Street, Belleville (belleville Ward), Ontario
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363 Front Street, Belleville (belleville Ward), Ontario

$2,299,900

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5,800

Square feet

About 363 Front Street

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:6289)

Features of 363 Front Street

Listing # X12440543
Price $2,299,900
Bathrooms 0.00
Square Footage 5,800
Acres 0.00
Type Multi-family

Community Information

Address 363 Front Street
Subdivision Belleville Ward
City Belleville (belleville Ward)
Province Ontario
Postal Code K8N2Z9

Amenities

Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer
Heating Baseboard heaters
Cooling None
Fireplace No
Has Basement No

Exterior

Lot Description 33.49 x 98.98 FT

Listing Details

OfficeRE/MAX ESCARPMENT REALTY INC., BROKERAGE

Listing Map

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