264 Coleman St, Belleville, Ontario K8P 3H7 (26125900)


264 Coleman St Belleville, Ontario K8P 3H7

1 Bathroom 1800 sqft


Unlock a promising investment opportunity in Belleville with this turnkey duplex, projecting a robust 6.5% cap rate before financing. This asset comprises a 4-bedroom main house and a newly built bachelor unit, each with independent utilities and ready to rent out, requiring no additional upgrades or renovations required. The property is fresh to market with new paint, carpeting, and significant updates including a new kitchen and bathroom in the studio (2020), and a new hot water tank in the main unit (2023). Anticipate a monthly rental income potential of $3,200+ , with the bachelor and main units' last conservative rents fetched $915+utilities and $1970+utilities respectively ( current hot rental market can bring anywhere from $3,200-$3,600). The heated garage is an added perk. Step into a hassle-free investment with attractive returns from day one, and let this fully prepared duplex start working for you. Studio apartment heat: Electric**** EXTRAS **** New Studio Built (2020: New kitchen, bathroom) Main unit Freshly painted (2023), Hot water tank studio 2020, New Main unit hot water tank (2023) , heated garage, fully legally separated studio unit (id:41912)

Property Details

MLS® Number X7048514
Property Type Multi-family
Parking Space Total 3


Bathroom Total 1
Size Exterior 1800 Sqft
Size Interior 1800 Sqft
Type Multi-family
Utility Water Municipal Water


Acreage No
Size Irregular Bldg=50 X 100 Ft
Size Total Text Bldg=50 X 100 Ft


Level Type Dimensions
Second Level Primary Bedroom Measurements not available
Second Level Bedroom 2 Measurements not available
Second Level Bedroom 3 Measurements not available x 3 ft ,3 in
Second Level Bedroom 4 -22
Main Level Kitchen 5 ft x 4 ft ,7 in
Main Level Dining Room Measurements not available
Main Level Living Room -19
Main Level Other Measurements not available


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