LOADING

58-60 Elgin Street Belleville, Ontario K8P 4B2

46 Bedroom 24 Bathroom
None Baseboard Heaters

$4,595,000

With rents climbing and rental supply, tight residential income property is still a solid investment. This 24-unit property has a solid tenant base and all units are separately metered. Tenants pay their own hydro. The property has been personally managed by the owner for many years. It's just time for him to take a break and play some golf. Potential Gross of almost $300,000. Potential Net around $200,000. Financial pro forma is available. (id:41614)

Property Details

MLS® Number 40304753
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Communication Type High Speed Internet
Community Features Community Centre, School Bus
Equipment Type None
Features Park/reserve, Laundry- Coin Operated
Parking Space Total 24
Rental Equipment Type None

Building

Bathroom Total 24
Bedrooms Total 46
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 291 Ft
Size Frontage 203 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description R6

Utilities

Cable Available
Electricity Available
Telephone Available

https://www.realtor.ca/real-estate/24737576/58-60-elgin-street-belleville

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