45 Black Diamond Road Belleville, Ontario K8N 0N6

9 Bathroom 700 - 1,100 sqft
Bungalow None Forced Air Acreage

$1,999,000

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:15069)

Property Details

MLS® Number X13659154
Property Type Multi-family
Community Name Thurlow Ward
Equipment Type Water Heater
Features Irregular Lot Size
Parking Space Total 21
Rental Equipment Type Water Heater

Building

Bathroom Total 9
Architectural Style Bungalow
Basement Type Crawl Space
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 700 - 1,100 Sqft
Type Other
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage Yes
Sewer Sanitary Sewer
Size Depth 480 Ft ,4 In
Size Frontage 608 Ft ,8 In
Size Irregular 608.7 X 480.4 Ft
Size Total Text 608.7 X 480.4 Ft|2 - 4.99 Acres

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30137808/45-black-diamond-road-belleville-thurlow-ward-thurlow-ward

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