20-22 Charlotte Street Belleville, Ontario K8P 1E2

8 Bedroom 4 Bathroom 3,500 - 5,000 sqft
None Baseboard Heaters, Not Known

$770,000

Cash-flowing 4-plex generating over $6,200/month in income with separate hydro and heat meters for each unit, plus additional revenue from coin laundry. All four units offer 2 bedrooms, 1 bathroom, separate entrances, and updated finishes, making this a turnkey opportunity for investors seeking strong returns. Situated on a massive 94 x 111 lot with flexible R2 zoning permitting uses such as 4-unit dwellings, stacked townhouses and low-rise apartments, this property also offers excellent long-term development potential. The large parking area accommodates plenty of tenant vehicles, while the central Belleville location places you just minutes from downtown, Giant Tiger, Shoppers Drug Mart, Albert College, Loyalist College, and Zwick's Park. Ideal for investors, multi-generational families, or buyers looking to offset their mortgage with substantial rental income.***33 Burton St Belleville also for sale (MLS #X13115290) in rear adjoined lot - opportunity to acquire 6 units total for land assembly with dual road frontages for even more development opportunities.*** (id:49269)

Property Details

MLS® Number X13115282
Property Type Multi-family
Community Name Belleville Ward
Amenities Near By Public Transit, Place Of Worship, Schools
Community Features School Bus
Features In-law Suite
Parking Space Total 8

Building

Bathroom Total 4
Bedrooms Above Ground 8
Bedrooms Total 8
Amenities Separate Electricity Meters, Separate Heating Controls
Appliances Dryer, Stove, Washer, Refrigerator
Basement Development Unfinished
Basement Type Crawl Space (unfinished)
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Stone
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Not Known
Stories Total 3
Size Interior 3,500 - 5,000 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Public Transit, Place Of Worship, Schools
Sewer Sanitary Sewer
Size Depth 111 Ft
Size Frontage 94 Ft
Size Irregular 94 X 111 Ft
Size Total Text 94 X 111 Ft

Rooms

Level Type Dimensions
Second Level Living Room 3.11 m x 6.01 m
Second Level Kitchen 4.27 m x 2.94 m
Second Level Bedroom 2 3.37 m x 2.97 m
Third Level Primary Bedroom 6.86 m x 4.38 m
Main Level Living Room 4.15 m x 3.75 m
Main Level Kitchen 4.14 m x 2.9 m
Main Level Primary Bedroom 2.49 m x 2.9 m
Main Level Bedroom 2 2.35 m x 3.02 m

https://www.realtor.ca/real-estate/29736883/20-22-charlotte-street-belleville-belleville-ward-belleville-ward

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