Welcome to this remarkable ["2-Storey"] multiplex located in the coveted neighborhood of Belleville Ward. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,590,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
REDUCED PRICE! 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.
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Data-driven valuation for 147 North Park Street, Belleville, ON K8P 4N9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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