Jayne Porter

Sales Representative

jayneporter@sympatico.ca

Cell: 416-435-2005
Office: 705-660-2255

MLS®: X13659154

Status: For sale

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$1,999,000

Location:

45 Black Diamond Road, Belleville (thurlow Ward) Ontario, K8N0N6

Description:

Exceptional investment opportunity featuring nine detached residential rental units on one 2.74-acre parcel, conveniently located on Black Diamond Road just minutes from Highway 401. Fully rented and family owned since 1978, this established income-producing property is serviced by municipal water, municipal sewer and natural gas. The unit mix includes six 2-bedroom homes, two 3-bedroom homes and one 1-bedroom home, with many of the units having received updates over the years. Capital improvements include five newer furnaces and nine separate 100-amp electrical panels. The property also includes a detached 2.5-car garage and a detached single-car garage, providing additional storage and functionality. Frontage on two separate roads offers convenient access and added flexibility. One tenant currently manages snow removal and lawn maintenance, helping to reduce operating expenses. Ideally suited to investors seeking to expand their portfolio or multi-generational families looking for separate residences on one property, this unique offering provides established rental income, long-term potential and convenient access to major routes, amenities and services. Properties of this size and configuration are rarely available. (id:2471)

Property:
Type: Multi-family
Lot Dimensions: 608.7 x 480.4 FT	Acreage: 608.7 x 480.4 FT\|2 - 4.99 acres
Sewer: Sanitary sewer	Water: Municipal water
Parking Type: Detached Garage, Garage

Structure:
Style: Other	Square Footage: 700 - 1100 sqft
Bathrooms: 9
Heating: Forced air
Heating Type: Natural gas
Cooling Type: None
Exterior: Vinyl siding
Foundation Type: Unknown

Features:

Irregular lot size

BALL Real Estate Inc., Brokerage - Norwood

Jayne Porter
Sales Representative

Email Me

Telephone:
705-660-2255

Cellular:
416-435-2005

Listing Office: Royal Lepage Proalliance Realty

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Jayne Porter

45 Black Diamond Road, Belleville (thurlow Ward) Ontario, K8N0N6

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