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270 Colonial Road, Belleville, ON K8R 1B9

$529,900
: 5
BD
: 2
BA
: 700
SqFt

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List Price: $529,900
Price Change: ▼ $15,100 1790117309
MLS#: X13644612
Status: ACTIVE
Type: Single Family Residential
SubType: Detached
Style: Bungalow-Raised
Bedrooms: 5
Bathrooms: 2
Living Area: 700-1100
Province: ON
Municipality: Belleville
Area: Hastings
Neighborhood: Belleville Ward
Subdivision: Moira St W To Colonial Rd

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Property Description

**Motivated Sellers!** This raised bungalow has two separate units and is fully tenanted with great tenants, making it a turnkey investment opportunity. The main level features a spacious 3-bedroom, 1 four-piece bathroom unit currently generating $2,200/month. While the bright and updated lower-level unit offers 2 bedrooms, 1 bathroom, and brings in $1,900/month. Both rents are all-inclusive of utilities. Each unit enjoys the convenience of its own private entrance and separate laundry, providing privacy and functionality for tenants. The lower unit has been thoughtfully updated and offers a spacious, bright layout. Outside, the property features a generous yard with plenty of outdoor space to enjoy.Whether you're looking to expand your investment portfolio or own a property with strong, reliable rental income, this fully occupied property offers immediate cash flow and exceptional value.

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Additional Information

Taxes: $3,661
Heat Type: Baseboard
Heat Source: Electric
Air Conditioning: None
Kitchens: 2
Exterior: Brick
Garage Spaces: 1
Garage Type: Attached
Pool: None
Parking Spaces: 5
Parking Type: Private