Triplex for sale. 5-7 Boswell Street. Belleville, On. $599,000
Description
Turn-Key Triplex in the Heart of Belleville. Excellent investment opportunity in a prime central Belleville location. This extensively renovated rowhouse is ideally situated just a short walk from downtown, steps from a major transit route, and close to schools, shopping, and essential amenities, making it highly desirable for tenants and investors alike. The property consists of three well-maintained 2 bedroom residential units. Two are currently occupied by long-term tenants, while the third unit (5 Boswell Street) is vacant and move-in ready, offering the new owner the opportunity to find a tenant at market rent. All three units have been updated, with major capital improvements including complete replacement of plumbing and electrical and heating systems, including three updated electrical panels. New windows and exterior doors. All of the 4-piece bathrooms have been relocated to the main floor in each unit. New soffits, fascia, and eavestroughs, roof shingles replaced in 2018, some updated vinyl flooring in kitchens and bathrooms. Three newer natural gas furnaces and three owned hot water tanks (one installed in April 2025). Stucco exterior with vinyl siding on the north side of the building. 5 Boswell has just undergone additional upgrades, including having the hardwood flooring professionally refinished, a brand-new kitchen, and the entire interior painted. Additional features include: In-unit laundry hook-ups in all three apartments. Interconnected smoke and CO detectors. Open-concept main floor layouts with eat-in kitchens. Carpet-free interiors with approximately 80% original hardwood flooring. Private outdoor space for each unit that includes individual rear decks and a dedicated storage sheds for each tenant. Parking for 5-6 vehicles on site. This property currently offers a cap rate of 6.3%, with significant potential for rental income growth. A detailed income and expense statement is available upon request. 24 hours notice required for showings of occupied units. 5 Boswell is currently vacant and easy to show. Please contact me at 613-885-2848 to arrange a viewing or for more information.
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Address
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Address 5-7 Boswell Street Belleville ON
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Country Canada
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Province/State Ontario
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City/Town Belleville
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Postal code/ZIP K8P 3K7
Overview
- Property ID X12085862
- Price ASKING $599 K
- Property Type Rowhouse, Triplex
- Property status For Sale
- Rooms 18
- Bedrooms 6
- Bathrooms 3
- Year Built 1850
- Size 2,800 SqFt
- Label Income & Expense Statement Available, Investment Property, New Listing, New Price, Triplex
- Garages 0
Features
File Attachments
Income-Expense-Statement-5-7-Boswell-Street-.pdf
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One Comment
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Great Investment opportunity. Cap rate 6.3%