ON
Belleville
K8N2Z9
363 FRONT Street
363 FRONT Street, Belleville, ON K8N2Z9
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Listing Type
Single Family
Listing Status
Active
22
$2,299,900

Home Details for 363 FRONT Street

Price
$2,299,900
Type
Residential
Days on site
115
Listing #
40775800
Property Description

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:31684)

Property Features
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    EXIT REALTY MATRIX, BROKERAGE
    785 Notre Dame, PO BOX 1345 , Embrun, ON K0A 1W0
    Nicolas Sigounis
    License #: 6002787
    Sales Representative
    Office
    613 443 4300
    Agent
    613 859 9331
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