121 Station St, Belleville, Ontario K8N 2S9
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$802,000*
Price/Sqft$404/sqft
Days On Market68 days
Est. Mortgage$3,865/mth
Tax Amount (2024)$4,447/yr
Description
With Rents On The Rise, Buy-And-Hold Rental Investment Is A Shining Star In Today's Real Estate Market. Once In A Great While, We Find An Income Property Like This One. Owned By The Same Family For Over 40 Years This 6-7 Unit Property Is A Solid Moneymaker. Currently, There Are 4-1 Bedroom Units & 2 Bachelors. The 7th Is Currently The Owner's Office And Could Be Rented As A Studio/Room At $800/Month. All Units Have Separate/Private Entrances (No Hallways or shared entrances). With A Potential Gross Income Of $96,000 The Property Nets Approximately $72,000 Before Financing With A Cap Of Almost 9%. The Property Is In Excellent Condition, With All Wiring and plumbing updated. 2 Units Are Newly Refreshed, and 1 has just been renovated. Mostly at market rents and with increases possible on turnovers. Great tenants who are all working folks or retirees. Very clean, well-kept property, creating worry-free cash flow.
Property Details
Interior
Features
Exterior
Features
Parking
Garage spaces -
Garage type -
Other parking spaces 4
Total parking spaces 4
Property History
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-X8369506_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/itso/IMG-40321086_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-X5758861_1-256.webp)
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