58-60 ELGIN Street, Belleville, Ontario, K8P4B2
With rents climbing and rental supply, tight residential income property is still a solid investment. This 24-unit property has a solid tenant base and all units are separately metered. Tenants pay their own hydro. The property has been personally managed by the owner for many years. It's just time for him to take a break and play some golf. Potential Gross of almost $300,000. Potential Net around $200,000. Financial pro forma is available. (id:2471)
- Property Address: 58-60 ELGIN Street, Belleville, Ontario, K8P4B2
- Property Type: Multi-family
- Zoning Description: R6
- Title: Freehold
- Acreage: 1/2 - 1.99 acres
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Access: Road access
- Total Parking Spaces: 24
- Amenities Nearby: Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
- Style: Detached
- Storeys: 2
- Bedrooms: 46
- Bathrooms: 24-Total
- Basement Type: Full (Finished)
- Heating Type: Electric, Baseboard heaters
- Cooling: None
- Exterior Type: Brick
- Laundry- Coin operated
- Community Centre
- School Bus
Listing Offices: Royal LePage ProAlliance Realty, Brokerage
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