This Triplex has had some extensive updates over the years! The 1.5 Storey Investment Property presents an exceptional opportunity for investors or those seeking a versatile income producing asset. Offering approximately 3,477 sq ft of finished living space, the building features 3 self contained units with a total of 6 bedrooms, 3 bathrooms and 3 kitchens. The property is fully occupied with a current gross rental income of $5050 per month ($60,600 annually), providing immediate cash flow from day one. Recent improvements include a newly renovated basement adding to the property's appeal and long term value. Additional updates over the years include a newer roof (2018), updated eavestroughs (2019), refreshed interior finishes, a 200 amp electrical service (6-7 years old), 2 gas fireplaces, 2 central air conditioning units (6-7 yrs old), a 60 gallon hot water tank and the convenience of 2 driveways (one double wide and one single) offering ample parking for tenants. Whether you're looking to expand your investment portfolio or secure a turnkey income property with strong rental history, this fully occupied multi unit building is an opportunity not to be missed.
Address
16 Graham Street
List Price
$649,900
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
1 1/2 Storey
Transaction Type
Sale
Area
Belleville
Sub-Area
Belleville Ward
Region
Hastings
Bedrooms
6
Bedrooms (Total)
6
Rooms Above Grade
20
Bathrooms
3
Floor Area
3000-3500 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
171.1
Lot Shape
Irregular
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
66171
Parcel Number
404710014
Occupant Type
Tenant
Cross Street
Sidney St. & Graham St.
Approx. Age
51 - 99 Years
MLS® Number
X13598384
Listing Brokerage
Royal Lepage Proalliance Realty
Basement Area
Separate Entrance, Finished
Postal Code
K8P 1P3
Posession Details
Flexible
Parking
Private Double
Parking Places (Total)
8
Parking Spaces
8
Tax Amount
$4,289.00
Tax Year
2025
Site Influences
Deck, Golf, Hospital, Library, Place Of Worship, Porch, Public Transit, School, Year Round Living
Exterior Features
Deck, Porch, Year Round Living
Interior Features
Water Heater Owned
Property Features
Golf, Hospital, Library, Place Of Worship, Public Transit, School
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Vinyl Siding
Direction Faces
North
Fireplace
No
Foundation Details
Poured Concrete, Unknown
Garage
No
Garage Type
None
Kitchens Total
3
Kitchens Above Grade
3
Other Structures
Shed
Pool Features
None
Roof
Shingles
Tax Legal Description
PT LT 7 N/S HERCHIMER ST PL R594 THURLOW AS IN QR650902; BELLEVILLE; COUNTY OF HASTINGS
Topography
Flat
Waterfront
No
Sewer
Sewer
Login To View 13 Additional Details On 16 Graham Street
Get instant access to more information with a free account.
Already have an account? Login