Property Overview |
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. 5 Glendale & basement (utility area) available for viewings prior to receiving an accepted offer. A great income property with a 5.6% cap rate at asking price. Electric baseboards not used. Current rents still have real growth potential. |
24 notice is needed for all showings. |
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Directions |
Sidney or North Front Street to College Street West. Corner of College Street and Glendale Road. Number 170. Sign on. |
Inclusions |
5 Fridges, 5 Stoves, 5 Hot water tanks, Smoke Detectors & CO detectors, 2 built-in AC units, most blinds and window coverings. |
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Exclusion |
All tenant’s belongings. |
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Type: |
5-plex |
Style: |
2 Storey |
Title To Land: |
Freehold |
Property Size: |
< 0.5 |
Land Features: |
Flat |
Accessory Buildings: |
None |
Services: |
Cable TV Available, Electricity, Garbage/Sanitary Collection, High-Speed Internet Avail, Natural Gas, Recycling Pickup, Telephone Available, |
Rental Equipment: |
None |
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1st Heat Source: |
Natural Gas Forced Air |
2nd Heat Source: |
Electric Baseboard |
HVAC Features: |
None |
Water: |
Municipal |
Sewage: |
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Garage Type: |
None |
Driveway: |
6-7 Spaces |
Documents On File: |
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Easements/Restrictions: |
None |
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Foundation/Bsmt: |
Concrete, Full Basement |
Roof: |
Metal (2020) |
Flooring: |
Laminate, Vinyl |
Interior Features: |
Separate Hydro & Water Meters, 5 Hot water tanks Some apartments have been updated, 2 Furnaces, Partially Sprinklered, Workshop |
Exterior: |
Brick & Vinyl Siding |
Exterior Features: |
Porch, Private Entrance, Separate Hydro& water Meters, Fenced Yards. Year Round Living |
Access: |
Municipal Road, Paved Road, Year Round Road |
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Total # Of Bedrooms: |
6 |
Full/Half Baths: |
5 |
# Of Kitchens: |
5 |
# Of Parking Spaces: |
6-7 |
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Sign: |
Yes |
SQ Footage |
2,958 |
Vermiculite: |
Unknown |
Garage: |
NO |
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Property For: |
Sale |
Sale Type: |
Multi Unit Residence |
Approx. Age Range: |
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Full Assessed Value: |
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Current Assessed Value: |
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Taxes: |
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Improvements: |
Furnaces,Plumbing, Roof, Flooring. |
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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 |
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