170 College Street W, in Belleville, ON
This is a Multi-family Listing.
170 College Street W, in Belleville
Legal 5-plex in a great central location in Belleville. This brick 2951 sq ft. 2 story is on a main bus route and close to schools, shopping & the 401. A well-maintained property comprised of a large 2- bedroom & four 1-bedroom apartments. The property has some great features & updates including 5 owned HWTs. Two high-efficiency natural gas furnaces (2021). Metal roof (2020). All units are separately metered for hydro & water. Paved parking for 6-7 vehicles,one with recycled asphalt (2017) . Most windows & Exterior doors are newer. 4 of the 5 apartments have been updated with laminate & vinyl flooring, LED lighting & plumbing fixtures. Upstairs apartment renovated in 2023.Keyless entry on 3 apartments. Tub surrounds in 2 units. Fire-rated furnace room with sprinklers for fire compliancy. Some newer appliances. Three of the four ground-floor apartments have large partially fenced private yards. Most are long term tenants who all pay for their own water & hydro. Landlord pays gas heat. **** EXTRAS **** 5 Glendale & basement (utility area) available for viewings prior to receiving an accepted offer. A great income property with a 5.3% cap rate at asking price. Electric baseboards not use. Current rents still have real growth potential. (id:6289)
$749,000
170 College Street W, Belleville, Ontario
Essential Information
- MLS® #X8065516
- Price$749,000
- Price per Sqft253
- Bathrooms5.00
- Square Footage2,958
- Acres0.00
- TypeMulti-family
- Days on Website74
Amenities
- AmenitiesHighway, Public Transit
Exterior
- Lot DescriptionBldg=86.33 x 124.3 FT
Community Information
- Address170 College Street W
- CityBelleville
- Postal CodeK8P2G8
Interior
- CoolingPartially air conditioned
Listing Details
- Listing OfficeRE/MAX QUINTE LTD.