22
$2,299,900 Sale
Listed 13 hours ago
363 Front Street
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Listing History
Buy/Sell/Terminated/Expired listing history for 363 Front Street
Key Facts
Key facts for 363 Front Street
Property Type
Commercial
Parking
None
MLS #
X12440543
Size
-
Basement
-
Listed on
2025-10-02
Lot size
33 x 98.98
Tax
$12,638 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
25% DOWN FOR A CASH FLOWING 8 UNIT ON A TRANSFERABLE 40 YEAR MLI SELECT LOAN. Over 6% Cap. Secure $160,800 in annual income from this exceptional, fully tenanted, turn-key commercial property in the heart of Bellevilles dynamic downtown. Ductless Splits recently installed all res units. Completely r...ebuilt to modern standards, this property boasts brand-new construction, including framing, walls, flooring, plumbing, electrical panel, wiring, windows, doors, and lighting all designed to meet current building codes and minimize future maintenance. Each tenant is responsible for their own utilities, providing low overhead and strong net returns for investors. Positioned in a high-demand location, 363 Front Street is a rare opportunity offering both immediate cash flow and long-term appreciation potential. Properties of this caliber are in short supply. New Buyer must qualify for MLI loan.
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Courtesy of: RE/MAX ESCARPMENT REALTY INC., BROKERAGE