256 Coleman Street, Belleville | Image 1

256 Coleman Street

Belleville

  • Commercial

$779,900
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R1-9

  • Age: 100+ years

  • Taxes: 5416.93

  • MLS®#: X10408189

  • Days on Site: 38 Days

  • Added: Nov 05, 2024 (1 month ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: RE/MAX QUINTE LTD.

NO RENT CONTROL - FULLY LEASED AT MARKET RENTS! Exceptional opportunity to own a fully remodelled 3-unit investment property in the heart of Belleville. This turnkey property has been rebuilt from the studs, featuring all-new HVAC, plumbing, electrical, windows, roof, and high-end interior finishes throughout. The building offers a spacious main floor 2-bedroom unit, an upper floor 1-bedroom unit, and a rear 3-bedroom, two-storey unit. Each unit showcases quartz countertops, tiled bathrooms, in-suite laundry, and modern finishes, ensuring a quality living experience for tenants. For added efficiency, each suite has its own hot water tank, HRV system, water meter, hydro meter, and an energy-efficient heat pump HVAC system. With a projected net operating income (NOI) of over $60,000, this property is perfect for investors seeking a low-maintenance, high-return asset in a prime location. Don't miss this chance to own a fully upgraded, income-generating property!

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 100+

  • Area: Belleville

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Baseboard

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Taxes: $5,417

  • Taxes Type: Annual

Land

  • Cross Street: Coleman Street/Catha

  • Municipality District: Belleville

  • Parcel Number: 404730171

  • Sewer: Sanitary

  • Lot Depth: 100 Feet

  • Lot Frontage: 50 Feet

  • Zoning: R1-9

Additional Media

  • Virtual Tour: https://www.youtube.com/watch?v=kPRSNLw_ZiI

Commercial Specific

  • Total Area: 2000

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Lot Code: Lot

  • Financial Statement: N

See 3D Tour of 256 Coleman Street, Belleville
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