201 Victoria Avenue Belleville, Ontario K8N 2B9

17 Bedroom 11 Bathroom 5,000 - 100,000 ft2
Window Air Conditioner Baseboard Heaters

$1,690,000

Excellent investment opportunity in a desirable Belleville neighbourhood. This well-maintained 11-unit brick apartment building offers strong rental potential with recent tenant turnovers that has improved rents. A number of units have been recently renovated, enhancing both appeal and long-term value. The property features separately metered hydro, with tenants responsible for their own electricity, helping to control operating costs. Each tenant has their own hot water tank. Major capital improvements include a new boiler, upgraded vinyl windows, and a completed fire retrofit, providing peace of mind for investors. Additional amenities include coin-operated laundry for added income and convenience for tenants. Solid brick construction, concrete columns in hallways separating apartments, solid built building. The location is in a great Belleville neighbourhood and makes this a compelling addition to any investment portfolio. (id:49203)

Property Details

MLS® Number X12857810
Property Type Multi-family
Community Name Belleville Ward
Parking Space Total 11

Building

Bathroom Total 11
Bedrooms Above Ground 17
Bedrooms Total 17
Age 31 To 50 Years
Amenities Separate Electricity Meters
Basement Development Finished
Basement Features Apartment In Basement
Basement Type N/a (finished), N/a
Cooling Type Window Air Conditioner
Exterior Finish Brick
Foundation Type Concrete
Heating Fuel Other
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 5,000 - 100,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 100 Ft
Size Irregular 100 X 100 Ft
Size Total Text 100 X 100 Ft|under 1/2 Acre
Zoning Description R6

https://www.realtor.ca/real-estate/29441863/201-victoria-avenue-belleville-belleville-ward-belleville-ward

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Kelly Paddon
Salesperson

(613) 969-9907

RE/MAX Quinte Ltd.

(613) 969-9907
(613) 969-4447
www.remaxquinte.com/

Dekker Team
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