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Home ON Hastings Belleville
147 NORTH PARK STREET
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147 NORTH PARK STREET $1,995,000
$1,995,000
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147 NORTH PARK STREET
Belleville, Ontario K8P4N9

MLS® Number: X9418850
8 + 8
Bedrooms
8
Bathrooms
-
Square Feet

Listing 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. (36981206)

Location Description

Marsh Drive

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Land Size
85 x 160 FT
Annual Property Taxes
$8,190
Parking Type
Shared
Time on REALTOR.ca
62 days

Building

Bedrooms
Above Grade
8
Below Grade
8
Bathrooms
Total
8
Interior Features
Basement Features
Apartment in basement
Basement Type
N/A
Building Features
Foundation Type
Concrete
Heating & Cooling
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
Shared
Total Parking Spaces
14

Land

Lot Features
Frontage
85 ft
Land Depth
160 ft
Other Property Information
Zoning Description
R6 - Multi-residential (7 or more units)
Data provided by: Central Lakes Association of REALTORS® Unit 5 - 1100 BENNETT Road, BOWMANVILLE, Ontario L1C 0Y7

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