17 Beds 11 Bath

201 Victoria Avenue, Belleville, ON K8N 2B9

Belleville K8N 2B9 Ontario

MLS: X12857810

$1,690,000

Added 2 hours ago | For Sale

Listed by: RE/MAX QUINTE LTD.

About Property

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.

Features

  • House Style:Multiplex
  • Bathrooms:11
  • Land Size: 100 X 100
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Other
  • Cross Street:BLEECKER AVE./CHATHAM ST.
  • Basement:Finished,Apartment , Finished,Apartment
  • Possession Date:90
  • Annual Property taxes: $23486
  • Bedrooms:17
  • Total Parking Spaces:11
  • Parking Places:11
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12857810

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