108 Moira Street W Belleville, Ontario K8P 1S9
$549,900
QUICK CLOSE IN 2025 - AFFORDABLE MULTI-RESIDENTIAL INVESTMENT IN THE HEART OF THE BAY OF QUINTE. ******************************* List price UNDER $92,000 per suite. ********************************** This solid all-brick, 3-storey 6-plex features six 2-bedroom units, a long history of full occupancy, and an unbeatable west-end Belleville location just steps from vibrant, historic downtown Belleville and the scenic Moira River & waterfront trail. Enjoy top-tier walkability with beloved local spots like Small Scale Bread, L'Auberge de France, and The Local Social House only moments away - an attractive draw for quality residents and visitors alike. Financials for 2025 show Gross Revenue exceeding $80,000 annually and a Net Operating Income of approximately $45,000, with an allowance for an 8% Management / Maintenance Fee (currently self-managed) delivering an impressive return on investment. With current average rents sitting well below market, there is significant upside to reposition this asset for income growth. Two separate laundry and utility rooms for tenant convenience. Don't miss this chance to secure at an affordable price a stable, well-located multi-residential asset in the Bay of Quinte - one of Ontario's fastest-growing and most desirable communities. Don't miss attached brochure - Investing in Belleville in the Bay of Quinte Area. ****************************************Offers to be reviewed Wednesday, November 26th at 4 pm. Please send offers to Sean@RemaxQuinte.com ********************************* (id:50886)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
| Name | 108 Moira Street |
Property Details
| MLS® Number | X12570026 |
| Property Type | Multi-family |
| Community Name | Belleville Ward |
| Amenities Near By | Public Transit |
| Features | Conservation/green Belt |
| Parking Space Total | 6 |
Building
| Age | 51 To 99 Years |
| Appliances | Dryer, Two Washers |
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Exterior | 3956 Sqft |
| Size Interior | 3,956 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 99 Ft ,6 In |
| Size Frontage | 100 Ft ,6 In |
| Size Irregular | Bldg=100.53 X 99.58 Ft ; 137.84 Rear X 93.48 East |
| Size Total Text | Bldg=100.53 X 99.58 Ft ; 137.84 Rear X 93.48 East |
| Zoning Description | R3 - Residential Type 3 |
Contact Us
Contact us for more information
Kim Mckinney
Salesperson
(613) 969-9907
(613) 969-4447
www.remaxquinte.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 25 2025 03:21:16
Central Lakes Association of REALTORS®
RE/MAX Quinte Ltd.