16 Graham Street Belleville, Ontario K8P 1P3
$649,900
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:58073)
Property Details
| MLS® Number | X13598384 |
| Property Type | Multi-family |
| Community Name | Belleville Ward |
| Amenities Near By | Golf Nearby, Hospital, Place Of Worship, Public Transit, Schools |
| Features | Irregular Lot Size, Flat Site |
| Parking Space Total | 8 |
| Structure | Deck, Porch, Shed |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, Water Meter |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a, N/a (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Poured Concrete, Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,000 - 3,500 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Golf Nearby, Hospital, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 171 Ft ,1 In |
| Size Frontage | 66171 Ft |
| Size Irregular | 66171 X 171.1 Ft |
| Size Total Text | 66171 X 171.1 Ft|under 1/2 Acre |
| Zoning Description | R-4 |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
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July 23 2026 05:30:31
Central Lakes Association of REALTORS®
Royal LePage Proalliance Realty