11 Isabel Street, Belleville, ON K8P 3N4

$524,900
5
BD
3
BA
2,000
SqFt

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List Price
$524,900
Price Change
▼ $25,000 1788214194
MLS#
X13106740
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
2-Storey
Bedrooms
5
Bathrooms
3
Living Area
2000-2500
Province
ON
Municipality
Belleville
Area
Hastings
Neighborhood
Belleville Ward
Subdivision
Bridge St W & Isabel St

Property Description

Live for Free or Scale Your Portfolio: Versatile Triplex at 11 Isabel St. Whether you are looking for a high-yield addition to your real estate portfolio or a savvy way to enter the market by living in one unit while others pay your mortgage, 11 Isabel St is the answer. This turnkey triplex in Belleville is currently generating $4,550/month, offering a rare combination of location, flexibility, and immediate cash flow. The Opportunity: Investor vs. Owner-Occupier. For the Investor: producing cash flow. With all three units fully tenanted, this is a streamlined, low-maintenance asset. For the Homebuyer: Move into one of the units and let the other two cover your entire mortgage - and then some. Enjoy "free" living in a prime downtown location while building massive equity. The second-floor unit features 2 bedrooms plus an office, full kitchen, 4-piece bath, laundry, and spacious living area. The main floor unit includes 1 bedroom + den, full kitchen, dining room, 4-piece bath, laundry/mudroom, and a beautiful private patio with great views. The basement unit offers 2 bedrooms, full kitchen, 4-piece bath, laundry, and cozy living space.

Additional Information

Taxes
$3,844
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Window Unit(s)
Kitchens
3
Exterior
Brick, Concrete
Garage Type
None
Pool
None
Parking Spaces
4
Parking Type
Available

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Exit Realty Group.