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170 College St W

College St W, West Park Village, Belleville, ON, K8P 2G7

-
Beds
5
Baths
2,958
Sq. Ft.
$749,000
List Price
Details
Photos
40
Comparables
History
170 College St W, Belleville, ON - 1 of 3
170 College St W, Belleville, ON - 2 of 3
170 College St W, Belleville, ON - 3 of 3
83 days on market

Quick Summary

  • Brick 2 story 5-plex in great central Belleville location
  • Well maintained with many good updates like metal roof, HWTs, furnaces
  • Separate hydro & water metering for all 5 updated units
  • Paved parking for 6-7 vehicles, one recycled asphalt
  • Keyless entry on 3 units, tub surrounds in 2 units
  • Fire rated furnace room with sprinklers for compliance
  • Some newer appliances, LED lighting & plumbing fixtures
  • Long term tenants, landlord pays gas heat

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... Show More

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:54626)

Property Details

Size

2,958 sq. ft.
0 Beds
5 Baths
5 Full

Heating & Cooling

Heating
-
Cooling
Partially air conditioned

Utilities

Water
Municipal water
Sewer
-

Source

Listing Brokerage

MLS® Listing
X8065516
Last Updated
April 11, 2024
Brokerage
RE/MAX QUINTE LTD.
Powered by: REALTOR.ca
Call us 800-591-0566

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