16 Graham Street, Belleville (Belleville Ward), Ontario

About 16 Graham Street

This Triplex has had some extensive updates over the years! The 1.5 Storey Investment Property presents an exceptional opportunity for investors or those seeking a versatile income producing asset. Offering approximately 3,477 sq ft of finished living space, the building features 3 self contained units with a total of 6 bedrooms, 3 bathrooms and 3 kitchens. The property is fully occupied with a current gross rental income of $5050 per month ($60,600 annually), providing immediate cash flow from day one. Recent improvements include a newly renovated basement adding to the property's appeal and long term value. Additional updates over the years include a newer roof (2018), updated eavestroughs (2019), refreshed interior finishes, a 200 amp electrical service (6-7 years old), 2 gas fireplaces, 2 central air conditioning units (6-7 yrs old), a 60 gallon hot water tank and the convenience of 2 driveways (one double wide and one single) offering ample parking for tenants. Whether you're looking to expand your investment portfolio or secure a turnkey income property with strong rental history, this fully occupied multi unit building is an opportunity not to be missed. (id:6289)

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