170 COLLEGE STREET W

Belleville, Ontario

170 COLLEGE STREET W, Belleville, Ontario, K8P2G8
Bathrooms5 Property TypeMulti-family
Building Area0.23 acres

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 yard areassome 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. 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. Managed by a local PM company. Turn key property with a 6.1% cap rate. **** EXTRAS **** 5 Glendale & basement (utility area) available for viewings prior to receiving an accepted offer. A great income property with a 6.1% cap rate. Electric baseboards not used. Current rent amounts still have real growth potential. (id:46866)


Business
Business TypeResidential Business Sub TypeApartments
Details
Amenities NearbyHighway, Public Transit Parking Spaces7
TransactionFor sale
Building
AppliancesBlinds, Refrigerator, Stove, Two stoves, Window Coverings CoolingPartially air conditioned
Bathrooms (Total)5 Heating FuelNatural gas
HeatingOther Size Interior0.23 ac
TypeMulti-Family Utility WaterMunicipal water
Land
AmenitiesHighway, Public Transit SewerSanitary sewer
Size Irregular86.33 x 124.3 FT

Listing Office: RE/MAX QUINTE LTD.

Data Provided by Central Lakes Association of REALTORS®

Last Modified :13/05/2024 09:43:54 PM

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