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.
BRIDGE STREET WEST TO OCTAVIA. HOUSE ON WEST SIDE BETWEEN BRIDGE AND CATHERINE STREET. SIGN ON.