$ 1,995,000
147 North Park ST Belleville, ON K8P 4N9
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$ 1,995,000
Est. payment | /mo
16 Beds
8 Baths
$ 1,995,000
Est. payment | /mo
16 Beds
8 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9418850
Style 2-Storey
Bedrooms 16
Annual Tax Amount $8,190
Tax Year 2024
Property Description
Fully occupied, 8 unit (all with 2 bedrooms) residential apartment building for sale on 13,649 square feet of land (0.31 acres). There are 2 apartments in the basement, 3 on the ground floor (with balconies) and 3 on the second floor (with balconies). Roof shingles were replaced in 2014 with an expected lifespan of 40+ years. For hydro, the owner pays the first $75 only of each monthly electricity expense per tenant, per month as each unit is individually metered. Water heater tanks are located within each unit with some being owned and some being rentals. There is one coin operated laundry machine in the basement for shared tenant use, which is an additional revenue stream for the owner(s). There is no central HVAC. There are 14 parking spots in total with 1 included per tenant and the rest shared by visitors. There is no special designation for this property. Attractive location nearby the commercial centre of Belleville just a block away on North Front Street near Bell Blvd. and the Quinte Mall, with easy access to Hwy 401. Financial information including revenue & expenses available upon request. Proposed agreements of purchase & sale can be submitted to listing brokerage at any time.
Location
Province ON
County Hastings
Zoning R6 - Multi-residential (7 or more units)
Rooms
Family Room Yes
Basement Apartment
Kitchen 8
Separate Den/Office 8
Interior
Interior Features None
Cooling None
Exterior
Garage Unreserved
Garage Spaces 14.0
Pool None
Roof Type Shingles
Parking Type None
Total Parking Spaces 14
Building
Foundation Concrete
Listed by MARINO LOCATIONS LIMITED
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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