2 Duplexes on one lot
4 Bedrooms2 Bathrooms
For Sale - Offered at $349,900

Location Map

Property Details

 
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           243-245 Coleman Street

                    Belleville

Price: $349,900
Status: Active
PIN / MLS® #: 404750018
Address: 243-245 COLEMAN ST
City: BELLEVILLE, K8P 3H8
Side of Road: East
Lot Size: 50 X 75 IRREG
Acreage:  
Approx. Sq Ftg Range: 3001-3500
Major Area: Belleville
District: Belleville
Subdistrict: WEST OF MOIRA RIVER (Belleville)
Zoning: C-3-5
Elementary School:  
Secondary School:  
   
Property Overview
Great investment opportunity. Two duplexed homes on one lot. 4 one bedroom apartments. 245B has an additional room that could be utilized as a second bedroom. Convenient central location right downtown. Some updates include shingles, flooring, siding, bathrooms, drywall & paint and the two front porches. Fully occupied with low turnover. Backyard overlooks the Moira River and city transit bus stop right at the front door. 2-minute walk and your downtown. Close to all amenities, bus terminal, banks, shopping, restaurants and the waterfront trail all within walking distance. The gross income is $37,552.00 per year. Landlord pays all utilities (Gas,hydro & water) Natural gas boiler system in one house and the other home has a forced air natural gas furnace. Currently managed by property management company. Zoned C-3-5. Allow 24 hours notice for all showings. Income and Expense statement available upon request.
Directions BRIDGE ST WEST TURN LEFT BEFORE BRIDGE TO COLEMAN ST.
Inclusions Smoke Detector / 4 stoves, 4 fridges
Exclusions All Tenants belongings
Type: Fourplex
Title To Land: Freehold
Property Size: Under 0.5 Acres
Accessory Buildings:  
Rental Equipment: Hot Water tank
Documents On File: Land Survey
1st Heat Source: Forced Air-Gas, Hot Water-Gas, Natural Gas
2nd Heat Source:  
HVAC Features:  
Water: Metered, Municipal Installed
Sewage: Municipal Installed
Driveway: Gravel, Single
Parking:  
Easements/Restrictions:  
Foundation/Bsmt: Block, Stone
Roof: Asphalt Shingle
Flooring: Vinyl/Linoleum
Interior Features: Carbon Monoxide Detector, Smoke Detector
Exterior: Vinyl Siding
Exterior Features: Porch
Water Type:   WF (# Ft On Water): 50.00 S.R.A: None Shoreline: Rocky, Shallow
Waterfront Features: Waterfront
WF Accessory Buildings:   WF Exposure: East
Com/Ret Space: No
Rent Control: Yes
Sign: No UFFI: UNKNOWN
Lockbox:   SPIS:  
Vermiculite: UNKNOWN Garage: No
# Of Parking Spaces: 1 Parking:  
# outdoors spaces:   # Indoor spaces:  
Property For: Sale Sale Type:  
Approx. Age Range: 100+
1 Bedroom Units: 4 2 Bedroom Units:   3 Bedroom Units:  
4 Bedroom Units:   Bachelor:   Number of Rental Units: 4
Fire Retrofit: NO # Vacant:   # Occupied: 4
stoves: 4 dishwashers:   washers:  
dryers:   microwaves:   fridges: 4
Income Information
rental income: 37500 laundry income:   parking income:   other income:  
Expense Information
insurance: 1800 maintenance: 800 water/sewage: 1200 heating bill: 2100 electricity bill: 4100
lawn/snow:   management: 1875 taxes cost: 3953 garbage:   other costs: 840
Totals
approx total income: 37500 approx total expenses: 16668 approx net income: 20831
Full Assessed Value: $ Current Assessed Value: $ Taxes: $3953 (2016) Improvements:  
Annual Hydro Cost: 4100 Annual Heating Cost: 2100
Listing Office: RE/MAX QUINTE LTD, Brokerage – TRENTON :  
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Compliments of:   JASON WOOD, Sales Person: 613-392-6594
E-mail:   mr.jasonwood@gmail.com
Company Name:   RE/MAX QUINTE LTD, BROKERAGE – TRENTON: 613-392-6594
 
The information contained herein while deemed to be accurate is not guaranteed.
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