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$1,450,000
Status: For Sale
Fully occupied, 6 unit income producing residential apartment building for sale, on 0.14 acres of land (6,275 SF). Roof shingles were replaced in 2021 with 40+ year expected lifespan. Attractive location in a quiet residential area, not far from downtown Belleville. Shared parking lot with 6 spots including one for each tenant. Financial information including revenue & expenses available upon request. Proposed agreements of purchase & sale may be submitted to listing brokerage at any time. Opportunity for rental increases scheduled in 2025 as well as potential cost savings to increase profitability over time. Attractive investment opportunity!
| Property Type | :Residential |
|---|---|
| MLS Number | :X9418849 |
| Listing Type | :Sale |
| Property Age | :31-50 Years |
| Possession Date | : |
| Last Updated | :07 Nov, 2024 (45 Days ago) |
| Source | :TRREB |
| Area | :Hastings |
|---|---|
| Postal Code | :
K8N 2B9
|
| Price | : $1,450,000 |
|---|---|
| Property Taxes | :$8190.36 |
| Tax Year | :2024 |
|---|
| Bedrooms | :8 + 2 |
|---|---|
| No. of Rooms | :6 |
| Air Conditioning | :None |
| Heating | :Baseboard |
| Place of Worship | :No |
| Cross Street | :Chatham St. |
| Bathrooms | :6 |
|---|---|
| Fuel | :Electric |
| Elevator | :No |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :4 |
| Basement | :Apartment |
| Garage | :None |
|---|
21 Oct, 2024
TREB #X9418849
Listed
$1450000.0
