LOADING

170 College St W Belleville, Ontario K8P 2G8

5 Bathroom 2958 sqft
Partially Air Conditioned

$749,000

Legal 5-plex in a great central location in Belleville. This brick 2951 sq ft. 2 story is on a main bus route and close to schools, shopping & the 401. A well-maintained property comprised of a large 2- bedroom & four 1-bedroom apartments. The property has some great features & updates including 5 owned HWTs. Two high-efficiency natural gas furnaces (2021). Metal roof (2020). All units are separately metered for hydro & water. Paved parking for 6-7 vehicles,one with recycled asphalt (2017) . Most windows & Exterior doors are newer. 4 of the 5 apartments have been updated with laminate & vinyl flooring, LED lighting & plumbing fixtures. Upstairs apartment renovated in 2023.Keyless entry on 3 apartments. Tub surrounds in 2 units. Fire-rated furnace room with sprinklers for fire compliancy. Some newer appliances. Three of the four ground-floor apartments have large partially fenced private yards. Most are long term tenants who all pay for their own water & hydro. Landlord pays gas heat. **** EXTRAS **** 5 Glendale & basement (utility area) available for viewings prior to receiving an accepted offer. A great income property with a 5.3% cap rate at asking price. Electric baseboards not use. Current rents still have real growth potential. (id:51737)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X8065516
Property Type Multi-family
Amenities Near By Highway, Public Transit

Building

Bathroom Total 5
Cooling Type Partially Air Conditioned
Size Exterior 2958 Sqft
Size Interior 2958 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Size Irregular Bldg=86.33 X 124.3 Ft
Size Total Text Bldg=86.33 X 124.3 Ft

https://www.realtor.ca/real-estate/26510517/170-college-st-w-belleville

Interested?

Contact us for more information


Generating Captcha

Your Favourites

 

No Favourites Found