For sale in downtown belle river, 540 notre dame is a prime mixed-use investment with value-add potential, offered at $1,399,999. The property includes 6 residential units (4 one-bedrooms, 2 two-bedrooms), 2 renovated commercial spaces (650 & 800 sq ft), and a detached full-brick duplex—all with room for rent increases. Immaculately maintained by owner-management. Current noi is $81,098 (6. 0% cap) with projected $122,266 (9. 1% cap) through updates and leasing. Several residential units are upgraded, others offer renovation upside. Structurally sound with a roof approx. 8 years old, 8 parking spaces, and free street parking. Ideally located on notre dame street, walkable to shops, restaurants, parks, and the waterfront—this is a rare opportunity in one of lakeshore’s fastest-growing communities. (id:4555)
