5 Bathroom
0.23 ac
Partially Air Conditioned
Other
$699,000
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:41986)
Business
BusinessType
|
Residential |
BusinessSubType
|
Apartments |
Property Details
MLS® Number
|
X9246951 |
Property Type
|
Multi-family |
AmenitiesNearBy
|
Highway, Public Transit |
ParkingSpaceTotal
|
7 |
Building
BathroomTotal
|
5 |
Appliances
|
Blinds, Refrigerator, Stove, Window Coverings |
CoolingType
|
Partially Air Conditioned |
HeatingFuel
|
Natural Gas |
HeatingType
|
Other |
SizeInterior
|
0.23 Ac |
Type
|
Multi-family |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
LandAmenities
|
Highway, Public Transit |
Sewer
|
Sanitary Sewer |
SizeDepth
|
124 Ft ,3 In |
SizeFrontage
|
86 Ft ,3 In |
SizeIrregular
|
86.33 X 124.3 Ft |
SizeTotalText
|
86.33 X 124.3 Ft |
ZoningDescription
|
R2 |
https://www.realtor.ca/real-estate/27272894/170-college-street-w-belleville