17 Bedroom
11 Bathroom
5000 - 100000 sqft
Window Air Conditioner
Baseboard Heaters
$1,690,000
Excellent investment opportunity in a desirable Belleville neighbourhood. This well-maintained 11-unit brick apartment building offers strong rental potential with recent tenant turnovers that has improved rents. A number of units have been recently renovated, enhancing both appeal and long-term value. The property features separately metered hydro, with tenants responsible for their own electricity, helping to control operating costs. Each tenant has their own hot water tank. Major capital improvements include a new boiler, upgraded vinyl windows, and a completed fire retrofit, providing peace of mind for investors. Additional amenities include coin-operated laundry for added income and convenience for tenants. Solid brick construction, concrete columns in hallways separating apartments, solid built building. The location is in a great Belleville neighbourhood and makes this a compelling addition to any investment portfolio. (id:49269)
Property Details
|
MLS® Number
|
X12857810 |
|
Property Type
|
Multi-family |
|
Community Name
|
Belleville Ward |
|
ParkingSpaceTotal
|
11 |
Building
|
BathroomTotal
|
11 |
|
BedroomsAboveGround
|
17 |
|
BedroomsTotal
|
17 |
|
Age
|
31 To 50 Years |
|
Amenities
|
Separate Electricity Meters |
|
BasementDevelopment
|
Finished |
|
BasementFeatures
|
Apartment In Basement |
|
BasementType
|
N/a (finished), N/a |
|
CoolingType
|
Window Air Conditioner |
|
ExteriorFinish
|
Brick |
|
FoundationType
|
Concrete |
|
HeatingFuel
|
Other |
|
HeatingType
|
Baseboard Heaters |
|
StoriesTotal
|
2 |
|
SizeInterior
|
5000 - 100000 Sqft |
|
Type
|
Other |
|
UtilityWater
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
SizeDepth
|
100 Ft |
|
SizeFrontage
|
100 Ft |
|
SizeIrregular
|
100 X 100 Ft |
|
SizeTotalText
|
100 X 100 Ft|under 1/2 Acre |
|
ZoningDescription
|
R6 |
https://www.realtor.ca/real-estate/29441863/201-victoria-avenue-belleville-belleville-ward-belleville-ward