2 Duplexes on one lot
4 Bedrooms2 Bathrooms
For Sale - Offered at $369,900

Location Map

Property Details

 
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           243-245 Coleman Street

                    Belleville

Price: $369,900
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:  
Possession: IMMEDIATE
Days on Market: 8
Property Overview Great investment property. Two duplexed homes on one lot, each house is divided into 2 one bedroom units. Upper unit of 245 has a second room that could be utilized as a second bedroom. Convenient central location right downtown. Close to shopping, bus station, and many other amenities. Some updates include shingles, flooring, siding, bathrooms, drywall & paint and the two front porches have been done as well. Both main floor units have recently been updated. 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, the bus terminal, banks, shopping and the waterfront trail. Landlord pays all utilities (hydro, gas and water) The gross income from rents equal $3125.00 per month. Natural gas boiler system for heat in one house and the other home has a forced air natural gas furnace. Currently managed by Kente property management. Zoned C-3-5. Allow 24 hours notice for all showings.
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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