3 Bedrooms3 Bathrooms1 Garage Spaces
1,947 Sq/Ft Living
For Sale - Offered at $294,900

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Property Details

       34 Octavia Street, Belleville, On.

 Triplex – 34 Octavia Street, Belleville, On.  
Price: $294,900
Status:  Active – Triplex For Sale
PIN / MLS® #: 146648
Address:  34 Octavia Street
City: Belleville, Ontario.  K8P 3N9
Side of Road:  West
Lot Size:  50′ x 132′
Acreage:  Under .5 acre
Approx. Sq Ftg Range:  1947 sq feet
     

 

Major Area: Belleville
District: Quinte Region
Subdistrict:  
Zoning: Res
Elementary School: Prince Charles
Secondary School: Centennial 
   
    
Property Overview  

Calling all investors! Fully occupied 2 story 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 the back of lot will be removed by Seller prior to the closing. 24-hour notice required for all showings.
     
Directions BRIDGE STREET WEST TO OCTAVIA. HOUSE ON WEST SIDE BETWEEN BRIDGE AND CATHERINE STREET. SIGN ON.
Inclusions Dryer, Refrigerator, Stove, Washer, Carbon Monoxide Detector, Smoke Detector 
Exclusions All Tenants belongings and all items in the garage.
Type: Triplex
Style: Multi Unit-3 Units. 2 floors.
Title To Land: Freehold
Property Size: Under 0.5 Acres
Land Features: Flat
Accessory Buildings: Garage
Services: Cable, Cell Service, Garbage Pick-Up, Internet High Speed, Recycling Pick-Up, Street Lights, Natural Gas, Telephone
Rental Equipment: Hot Water Tank
1st Heat Source:
Forced Air-Gas/Baseboard
2nd Heat Source:  
HVAC Features:
None
Water: Metered, Municipal Installed
Sewage: Municipal Installed
Garage Type: Detached
Driveway: 6/Private Single Wide/Gravel
Documents On File: Survey 1989
Easements/Restrictions: None
Foundation/Bsmt: Crawl Space/Stone/Exposed Rock
Roof: Asphalt
Flooring:  
Interior Features:  
Exterior: Brick, Vinyl Siding
Exterior Features: Deck(s), Patio(s), Porch
Access: Municipal Road
Total # Of Bedrooms: 3 + Bachelor
Full/Half Baths:  3
# Of Kitchens:  3
# Of Parking Spaces:  6
Sign: Yes
UFFI: NO
Vermiculite: Unknown Garage: Yes
Property For: Sale Sale Type:  
Approx. Age Range: 1907
 
Full Assessed Value: $241,000/2016 Current Assessed Value:   Taxes: $3,834/2018 Improvements: Roof 2011
Listing Office: RE/MAX QUINTE LTD, Brokerage – TRENTON    
 
Compliments of:   JASON WOOD, Sales Person: 613-392-6594
E-mail:   mr.jasonwood@gmail.com
Company Name:   RE/MAX QUINTE LTD, BROKERAGE – TRENTON: 613-392-6594
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