Legal 5-plex in a great central location in Belleville. Sitting on a main bus route, close to schools, parks, shopping & the 401. This well-maintained property comprised of a large two-bedroom & 4 1-bedroom apartments. Three of which have large, partially fenced private yards. Some great features & updates in the last few years, including 5 owned HWTs. Separately metered, all tenants pay for their hydro & water, two high-efficiency natural gas furnaces(2021). The landlord pays heat. Metal roof(2020) Paved parking for 6-7 vehicles, one with recycled asphalt(2017). Most windows & Exterior doors are newer. Fire retrofitted in 2018 Four of the five apartments have been updated, including the upstairs apartment in 2023. Laminate & vinyl flooring, LED lighting & newer plumbing fixtures. Keyless entry on three apartments. New tub surrounds in 2 units. Fire-rated furnace room with sprinklers for fire compliance. Some newer appliances. Most are long-term tenants. **** EXTRAS **** 5 Glendale & basement (utility area) available for viewings prior to receiving an accepted offer. A great income property with a 6.3% cap rate. Electric baseboards not used. Current rent amounts still have real growth potential. (id:35492)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | X9246951 |
Property Type | Multi-family |
Amenities Near By | Highway, Public Transit |
Parking Space Total | 7 |
Bathroom Total | 5 |
Appliances | Blinds, Refrigerator, Stove, Window Coverings |
Cooling Type | Partially Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Interior | 0.23 Ac |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Highway, Public Transit |
Sewer | Sanitary Sewer |
Size Depth | 124 Ft ,3 In |
Size Frontage | 86 Ft ,3 In |
Size Irregular | 86.33 X 124.3 Ft |
Size Total Text | 86.33 X 124.3 Ft |
Zoning Description | R2 |
https://www.realtor.ca/real-estate/27272894/170-college-street-w-belleville
Contact us for more information
Jason Wood
Salesperson
(613) 392-6594
(613) 394-3394
remaxquinte.ca/