121 Station Street, Belleville | Image 1

121 Station Street

Belleville

  • - bed - bath - sqft
$XXX,XXX Listed: $XXX,XXX
Sold

Sold on Aug 30, 2024

Note: Property is not currently for sale or for rent.

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  • Type: Multiplex

  • Style: 2-Storey

  • Size: 2000 sqft

  • Lot Size: 35.5 x 126.75 Feet

  • Age: No Data

  • Taxes: $4,447 per year

  • Days on Site: 98 Days

  • Added: May 24, 2024 (3 months on market)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X8369506

  • Listed By: Royal lepage proalliance realty

With Rents On The Rise, Buy-And-Hold Rental Investment Is A Shining Star In Today's Real Estate Market. Once In A Great While, We Find An Income Property Like This One. Owned By The Same Family For Over 40 Years This 6-7 Unit Property Is A Solid Moneymaker. Currently, There Are 4-1 Bedroom Units & 2 Bachelors. The 7th Is Currently The Owner's Office And Could Be Rented As A Studio/Room At $800/Month. All Units Have Separate/Private Entrances (No Hallways or shared entrances). With A Potential Gross Income Of $96,000 The Property Nets Approximately $72,000 Before Financing With A Cap Of Almost 9%. The Property Is In Excellent Condition, With All Wiring and plumbing updated. 2 Units Are Newly Refreshed, and 1 has just been renovated. Mostly at market rents and with increases possible on turnovers. Great tenants who are all working folks or retirees. Very clean, well-kept property, creating worry-free cash flow.

Status

  • Days on Market: 98

  • Last Status: Sold

  • Sold Date: Aug 30, 2024

  • Closed Date: Sep 16, 2024

  • Expiry Date: Aug 30, 2024

  • Sold Price: $900,000

  • Unavailable Date: Aug 30, 2024

  • Input Date: May 24, 2024

Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Size (sq ft): 2000

  • Area: Belleville

  • Availability Date: Flexible

Inside

  • Bedrooms: 7

  • Bathrooms: 7

  • Kitchens: 7

  • Rooms: 7

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 7

Utilities

  • Electricity: Yes

  • Gas: Available

  • Cable: Yes

  • Telephone: Yes

Building

  • Basement: None

  • Heat Type: Baseboard

  • Heat Source: Electric

  • Exterior: Stone

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 4

  • Total Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Tax Legal Description: Lt 2 Pl 185 Thurlow; Belleville; County Of Hasting

  • Taxes: $4,447

Highlights

  • Feature: Hospital

  • Feature: Park

  • Feature: Public Transit

  • Feature: Rec Centre

  • Feature: School

  • Feature: School Bus Route

Land

  • Cross Street: Station Street

  • Municipality District: Belleville

  • Fronting On: East

  • Parcel Number: 405140146

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 126.75 Feet

  • Lot Frontage: 35.5 Feet

  • Acres: < .50

  • Zoning: R4

  • Waterfront: None

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Somewhat Walkable

  • Some errands can be accomplished on foot.
68 /100

Bikeable

  • Some errands can be accomplished on bike.
67 /100
JK-8

Queen Elizabeth Public School

Elementary: Public
1.51 km
JK-8

Holy Rosary Catholic School

Elementary: Catholic
0.64 km
JK-6

Queen Victoria School

Elementary: Public
0.39 km
JK-8

Prince Charles Public School

Elementary: Public
1.70 km
JK-8

Prince of Wales Public School

Elementary: Public
0.80 km
JK-8

St Michael Catholic School

Elementary: Catholic
0.74 km
9-12

Sir James Whitney School for the Deaf

Secondary: Provincial
3.30 km
9-12

Nicholson Catholic College

Secondary: Catholic
0.67 km
9-12

Quinte Secondary School

Secondary: Public
1.09 km
9-12

Moira Secondary School

Secondary: Public
2.14 km
9-12

St Theresa Catholic Secondary School

Secondary: Catholic
1.85 km
9-12

Centennial Secondary School

Secondary: Public
2.84 km
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