104 Cannifton Rd
Belleville, K8N 4V3
FOR SALE
$2,585,000
Expired
$0
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9
BEDROOMS16
BATHROOMS9
KITCHENS76
ROOMSX9018319
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-08 | 2024-10-31 | 120 | $2,585,000 | - | Expired |
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Property Description
16-Unit Apartment Building For Sale Listed At A 5.9% Cap Rate. The Property Is Well Located In Close Proximity To Belleville's Downtown And Has Easy Highway 401 Access. Some Apartments Have Been Renovated On Unit Turnover And Building Common Areas Updated. The Building's Rent Roll Has Close To 30% In Upside To Market Rents. Current Annual Net Operating Income Is $150,779 Per Year With Future Upside In Rents Still To Capture. Environmental Opinion Letter Regarding The Sites Environmental Condition Is Available.
Extras
**Interboard Listing: Kingston And Area Real Estate Association**
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