91 Bridge Street W Belleville, Ontario K8P 1J4
$674,000
**Updated Income and Expenses Available** Net income of $63,221/year and a CAP rate of 9.4%! This triplex boasts a new crop of A+ tenants all paying market rent and their own utilities. Don't be that want-to-be-real-estate-investors who uses all 10 fingers and all 10 toes to find a reason NOT to invest. Put those digits (and your spreadsheets) to good use. Take a look at this nicely updated triplex in the heart of Belleville. The bright 1 bedroom upstairs unit is recently renovated. The two lower units have been bringing in great rental income. One was just refreshed with new paint and flooring throughout. Separate meters means all tenants pay their own water, sewer, heat and hydro utilities. A metal roof was added in 2017, as well as 2 new gas furnaces. More recent updates include windows, flooring, kitchens, bathroom updates, a new gas fireplace for the upstairs unit and new side decks for the lower units. Each unit has its own laundry. Even better this beautifully maintained property includes plenty of parking and is walking distance to shopping. Public transit stops here. If you've been looking for an easy, cash-flowing investment with a 9.4% CAP rate, you've found it. (id:50886)
Property Details
| MLS® Number | X12168570 |
| Property Type | Multi-family |
| Community Name | Belleville Ward |
| Amenities Near By | Public Transit |
| Features | Flat Site, Carpet Free |
| Parking Space Total | 5 |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Age | 100+ Years |
| Amenities | Fireplace(s), Separate Heating Controls, Separate Electricity Meters |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 108 Ft ,10 In |
| Size Frontage | 52 Ft |
| Size Irregular | 52 X 108.9 Ft |
| Size Total Text | 52 X 108.9 Ft|under 1/2 Acre |
| Zoning Description | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom 2 | 3.45 m | 2.62 m | 3.45 m x 2.62 m |
| Second Level | Bedroom 3 | 3.61 m | 3.61 m | 3.61 m x 3.61 m |
| Second Level | Bedroom | 3.46 m | 2.73 m | 3.46 m x 2.73 m |
| Second Level | Bedroom 2 | 2.34 m | 3.86 m | 2.34 m x 3.86 m |
| Second Level | Bedroom 3 | 3.28 m | 3.6 m | 3.28 m x 3.6 m |
| Second Level | Bedroom | 2.66 m | 3.74 m | 2.66 m x 3.74 m |
| Main Level | Dining Room | 3.6 m | 2.74 m | 3.6 m x 2.74 m |
| Main Level | Kitchen | 3.42 m | 4.12 m | 3.42 m x 4.12 m |
| Main Level | Living Room | 3.61 m | 4.71 m | 3.61 m x 4.71 m |
| Main Level | Dining Room | 3.6 m | 2.72 m | 3.6 m x 2.72 m |
| Main Level | Kitchen | 3.4 m | 4.1 m | 3.4 m x 4.1 m |
| Main Level | Living Room | 3.59 m | 4.68 m | 3.59 m x 4.68 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
Contact Us
Contact us for more information
Elaine Bouma
Broker
www.boumateam.ca/
www.facebook.com/RLPElaine
357 Front Street
Belleville, Ontario K8N 2Z9
(613) 966-6060
(613) 966-2904
www.discoverroyallepage.ca/
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®)
October 28 2025 12:21:38
Central Lakes Association of REALTORS®
Royal LePage Proalliance Realty