34 OCTAVIA STREET , Belleville

$294,900 / MLS® #:146648

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Calling all investors! Fully occupied 2 storey Brick triplex in the West end of Belleville. Building consists of a 2 bedroom apt upstairs, 1 bedroom and a bachelor apartment on the main level. Garage is also rented out to a fourth Tenant. 3 Hydro meters, two of the Tenants pay their own hydro. Natural gas heat. Hi efficiency furnace new in 2007. Roof re-shingled in 2011. 200 amp service added in 1989 Electrical and plumbing updated at that time. Washer & dryer in main floor 1 bedroom unit. Single driveway on either side of the house with lots of additional parking space. Central location close to downtown, schools and shopping. Revenue equals $33,060 per year. Expenses $11,853 leaving a net operating income of $21,207 for a 7.1% cap rate. All appliances included. Any unwanted items at back of lot will be removed by Seller prior to closing. 24 hour notice required for all showings. (id:10452)

Property Details

Property Type Multi-Family
Architectural Style Multi-Unit
Square Feet 1947 sqft
Maintenance N/A
Days On Our Website 164
Basement Unfinished - Crawl space (Unfinished)
Lot Dimensions under 1/2 acre
Pool N/A
Area Belleville
Air Conditioning None
Heating Natural gas - Forced air
Exterior Brick, Vinyl siding
Parking Spaces 7
Parking Type Detached garage
Sewers Municipal sewage system
Water N/A

Listing Office: RE/MAX QUINTE LTD, Brokerage - TRENTON

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