147 North Park ST Active

Belleville,ON K8P 4N9

$ 1995000

16 Beds

8 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9418850

Style 2-Storey

Bedrooms 16

Annual Tax Amount $8,190

Tax Year 2024

Property Description

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.

Location

Province ON

County Hastings

Area Hastings

Zoning R6 - Multi-residential (7 or more units)

Rooms

Family Room Yes

Basement Apartment

Kitchen 8

Separate Den/Office 8

Interior

Interior Features None

Cooling None

Exterior

Parking Features Unreserved

Garage Spaces 14.0

Pool None

Roof Type Shingles

Lot Frontage 85.0

Lot Depth 160.0

Total Parking Spaces 14

Building

Foundation Concrete

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