228 Dundas Street East Belleville, ON K8N 1E4
Inscription par:  CREA / Royal Lepage Proalliance Realty

  228 Dundas Street East Belleville, ON K8N 1E4

En vigueur (204 Jours)
18,900,000 $
42,000
PI. CA.

Description

Seize this exceptional investment opportunity in Belleville's East End. This property features a diversified income stream, anchored by a reliable, long-term not-for-profit tenant on a secure 10-year lease, encompassing office spaces and 38 residential units. Additionally, 28 bachelor units on individual leases offer flexibility and future upside potential with rent increases. A comprehensive renovation completed in 2023 included updates to electrical and plumbing systems, interior finishing, a fob security system, and more. Each unit has been retrofitted with a kitchenette, new bathroom, and high-quality flooring, ensuring modern comfort and appeal. The property generates excellent monthly and annual income with low annual expenses, making it a financially attractive asset. Situated in a vibrant area with consistent demand, this property is perfect for discerning investors seeking stability and high returns. Its prime location provides easy access to amenities, public transportation, and a thriving community. Belleville's East End is known for its dynamic atmosphere and growth potential, ensuring that this investment remains lucrative for years to come. Don't miss out on this rare chance to add a high-performing property to your portfolio. This asset guarantees financial growth and security, presenting a unique opportunity for those looking to capitalize on a thriving market. Act now to secure this lucrative investment and enjoy the benefits of a stable, high-yield property in one of Belleville's most sought-after areas. This is your opportunity to make a smart, future-proof investment in a prime location (id:41440)

MLS®:
X9238491
Catégorie
Multifamily
Ville
Hastings County

Listed By

John-Ross Parks, Royal Lepage Proalliance Realty
Source
CREA
Dernière vérification Feb 22 2025 à 10:12 PM EST
Détails sur les salles de bains
Informations sur le lot
  • Elevator
Chauffage et refroidissement
  • Natural Gas
  • Forced Air
  • Fully Air Conditioned
Informations sur les services publics
  • Sewer: Sanitary Sewer
Surface Habitable
  • 42,000 pi. ca.
Alimenté par Walk Score®

Historique des prix des annonces

Date
Événement
Prix
% Variation en
$ (+/-)
Nov 18, 2024
Prix modifié
$18,900,000
-10%
-2,100,000
Disclaimer: REALTOR.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. Listing Data Last Updated: 2/22/25 14:12