Welcome to 54 Sidney Street a cash-flowing, turnkey 12-unit all-brick multiplex located in Belleville's desirable west end. This professionally managed building offers a rare opportunity for investors seeking a stable asset with strong income potential. Ideally situated on a public transit route and close to Belleville's main commercial corridor, tenants enjoy walkable access to the 130+ stores at Quinte Mall, dining, services, and more. The property features a mix of renovated suites that are always in demand, appealing to a range of quality tenants. Each unit is separately metered for hydro, allowing tenants to cover their own electricity usage keeping operating costs low and returns high. With a strong rental history and modern updates in place, this low-maintenance property is perfect for both seasoned and first-time investors. Don't miss this prime opportunity to own a solid multi-residential asset in one of Eastern Ontario's fastest-growing communities. (id:35544)
BusinessType | Residential |
BusinessSubType | Apartments |
MLS® Number | X12204970 |
Property Type | Multi-family |
Age | 51 To 99 Years |
HeatingType | Radiant Heat |
SizeInterior | 6802 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 218 Ft |
SizeFrontage | 138 Ft |
SizeIrregular | 138 X 218 Ft |
SizeTotalText | 138 X 218 Ft |
ZoningDescription | R6 |