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54 Sidney Street Belleville, Ontario K8P 3Y8

6802 sqft
Radiant Heat

$1,850,000

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)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X12204970
Property Type Multi-family

Building

Age 51 To 99 Years
HeatingType Radiant Heat
SizeInterior 6802 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 218 Ft
SizeFrontage 138 Ft
SizeIrregular 138 X 218 Ft
SizeTotalText 138 X 218 Ft
ZoningDescription R6
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