264 Coleman St Belleville, Ontario K8P 3H7
$519,000
ATTENTION INVESTORS: Step into a legal, vacant Duplex in Belleville. This turnkey property encompasses a 4-bedroom main house and a fully separated, newly constructed bachelor studio unit, each boasting independent utilities. The main house enjoys the convenience of in-unit laundry, fresh paint, and new carpeting. The expansive living and dining areas lead into a well-appointed kitchen, providing a warm ambiance for everyday living or tenant occupancy. The modern studio unit impresses with a contemporary kitchen and a new bathroom, promising a comfortable living experience for tenants. A large backyard and a heated garage complete the enticing package. Seize this ready-to-rent, revenue-generating property in a hot rental market. Investor Note: Projected 6.5% cap rate (before financing) with potential monthly rental income exceeding $3,200 in the local hot rental market underpins the solid investment potential. 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:46324)
Property Details
| MLS® Number | X7048350 |
| Property Type | Single Family |
| Parking Space Total | 4 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Duplex |
Parking
| Detached Garage |
Land
| Acreage | No |
| Size Irregular | 50 X 100 Ft |
| Size Total Text | 50 X 100 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 3.59 m | 3.49 m | 3.59 m x 3.49 m |
| Second Level | Bedroom 2 | 2.16 m | 3.46 m | 2.16 m x 3.46 m |
| Second Level | Bedroom 3 | 4.83 m | 3.03 m | 4.83 m x 3.03 m |
| Second Level | Bedroom 4 | 3.48 m | 3.48 m x Measurements not available | |
| Main Level | Kitchen | 5 m | 4.7 m | 5 m x 4.7 m |
| Main Level | Dining Room | 3.63 m | 3.65 m | 3.63 m x 3.65 m |
| Main Level | Living Room | 4.75 m | 4.75 m x Measurements not available | |
| Main Level | Other | 4.21 m | 4.49 m | 4.21 m x 4.49 m |
https://www.realtor.ca/real-estate/26125082/264-coleman-st-belleville
Interested?
Contact us for more information
Irina Vanden Bosch
Salesperson
365 Westwood Drive Unit 5
Cobourg, Ontario K9A 4M5
(905) 372-3355
(905) 372-4626
www.century21.ca/allprorealty
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October 03 2023 04:30:35
Durham Region Association of REALTORS®
Century 21 All-Pro Realty (1993) Ltd.