205 Charles Street, Belleville, ON K8N 3M3

$1,100,000
6
BD
6
BA
3,500
SqFt

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List Price
$1,100,000
MLS#
X13670716
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2-Storey
Bedrooms
6
Bathrooms
6
Living Area
3500-5000
Province
ON
Municipality
Belleville
Area
Hastings
Neighborhood
Belleville Ward
Subdivision
Bridge & Charles

Property Description

ATTENTION INVESTORS - 5-PLEX IN BELLEVILLE'S OLD EAST HILL! A unique investment opportunity awaits on historic Charles Street in Belleville's sought-after Old East Hill neighbourhood. This fully tenanted 5-plex consists of a fully renovated two-storey, semi-detached 2-bedroom + den unit, renovated approximately five years ago, along with four 1-bedroom apartments. With over $60,000 in recent improvements, this meticulously cared-for property offers an attractive combination of character, functionality, and established rental income.Steeped in history, the property showcases the architectural charm of a century home while incorporating modern conveniences. With five residential units and coin-operated laundry on-site, the property provides practical amenities for tenants and a compelling opportunity for investors.Located in the heart of Old East Hill, residents are surrounded by mature streetscapes, established neighbourhoods, local amenities, and the character that makes this part of Belleville so desirable.Whether you're an experienced investor looking to expand your portfolio or exploring your first multi-residential acquisition, 205 Charles Street offers the opportunity to own a piece of Belleville history while investing in a well-maintained, fully tenanted 5-unit property.

Additional Information

Taxes
$7,776
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Kitchens
5
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
11
Parking Type
Available

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Calculator source: Real Geeks

Listing courtesy of Re/Max Quinte Ltd..