Welcome to 54 Sidney Street a cash-flowing, turnkey 12-unit all-brick multiplex located in Belleville's desirable west end. This professionally managed building offers a rare opportunity for investors seeking a stable asset with strong income potential. Ideally situated on a public transit route and close to Belleville's main commercial corridor, tenants enjoy walkable access to the 130+ stores at Quinte Mall, dining, services, and more. The property features a mix of renovated suites that are always in demand, appealing to a range of quality tenants. Each unit is separately metered for hydro, allowing tenants to cover their own electricity usage keeping operating costs low and returns high. With a strong rental history and modern updates in place, this low-maintenance property is perfect for both seasoned and first-time investors. Don't miss this prime opportunity to own a solid multi-residential asset in one of Eastern Ontario's fastest-growing communities.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
51-99
Total Area:
6802 sq. ft. Square Feet
Total Area:
6,802 sq. ft.632 m2
Depth:
218'66.4 m
Frontage:
138'42.1 m
Water supply:
Municipal
Zoning:
R6
Heating type:
Radiant
Garage:
None
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$23,130.28 /
2024
Assessment:
$- /
-
Belleville
Hastings
1 Coinamatic washer with income for Owner, 1 Coinamatic dryer with income for Owner, 2 Hot Water Tanks,
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