Size
-
Lot size
1437.21 sqm
Street frontage
W
Possession
-
Price per sqm
$2,213
Taxes
$33,271 (2023)
Parking Type
-
Style
-
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Description
16-unit apartment building for sale listed at a 5.9% cap rate. The property is well located in close proximity to Belleville's downtown and has easy highway 401 access. Some apartments have been renovated on unit turnover and building common areas updated. The building's rent roll has close to 30% in upside to market rents. Current annual net operating income is $150,779 per year with future upside in rents still to capture. Environmental Opinion Letter regarding the sites environmental condition is available.
Broker: Rogers & Trainor Commercial Realty Inc., Brokerage
MLS®#: 40615005
Property details
Parking:
16
Parking type:
-
Property type:
-
Heating type:
Electric
Style:
-
MLS Size:
1168 sqm
Lot front:
27.74 M
Lot depth:
51.82 M
Listed on:
Jul 2, 2024
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Instant estimate:
Not Available
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