ON > Belleville (belleville Ward) > Belleville Ward
Belleville (belleville Ward), ON K8P1S9,108 MOIRA STREET W
Belleville (belleville Ward), ON K8P1S9,108 MOIRA STREET W
Belleville (belleville Ward), ON K8P1S9,108 MOIRA STREET W
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Clint Nogier

Clint Nogier

+1(403) 333-7903
$549,900
Est. payment /mo
3,956 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,956 sqft

Price per Sqft $139

Subdivision Belleville Ward

MLS® Listing ID X12570026

Source Central Lakes Association of REALTORS®

Property Description

QUICK CLOSE IN 2025 - AFFORDABLE MULTI-RESIDENTIAL INVESTMENT IN THE HEART OF THE BAY OF QUINTE. ******************************* List price UNDER $92,000 per suite. ********************************** This solid all-brick, 3-storey 6-plex features six 2-bedroom units, a long history of full occupancy, and an unbeatable west-end Belleville location just steps from vibrant, historic downtown Belleville and the scenic Moira River & waterfront trail. Enjoy top-tier walkability with beloved local spots like Small Scale Bread, L'Auberge de France, and The Local Social House only moments away - an attractive draw for quality residents and visitors alike. Financials for 2025 show Gross Revenue exceeding $80,000 annually and a Net Operating Income of approximately $45,000, with an allowance for an 8% Management / Maintenance Fee (currently self-managed) delivering an impressive 8% + cap rate at the list price. With current average rents sitting well below market, there is significant upside to reposition this asset for income growth. Two separate laundry and utility rooms for tenant convenience. Don't miss this chance to secure at an affordable price a stable, well-located multi-residential asset in the Bay of Quinte - one of Ontario's fastest-growing and most desirable communities. Don't miss attached brochure - Investing in Belleville in the Bay of Quinte Area. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 6

Private Pool No

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Clint Nogier

Clint Nogier

+1(403) 333-7903

Agent | License ID: 493930

Agent License ID: 493930

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Clint Nogier, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.