264 Coleman St Belleville, Ontario K8P 3H7
$519,000
Welcome to an outstanding opportunity in Belleville! This legal, vacant Duplex property offers the perfect blend of comfort and income potential. Featuring a 4-bedroom main house and a newly constructed bachelor studio unit, this turnkey property is set up for success, with each unit having independent utilities. The main house provides in-unit laundry, fresh paint, and new carpeting throughout. The spacious living and dining areas flow into a well-appointed kitchen. The modern studio unit boasts a contemporary kitchen and a brand-new bathroom. Outside, a large backyard and a heated garage complete this package. This property is ready to rent and is a great revenue generator in the hot rental market of Belleville. ***Attention investors: With a projected 6.5% cap rate (before financing) and the potential to earn $3,200+ in monthly rental income, this investment opportunity is as solid as they come. 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:26892)
Property Details
| MLS® Number | X7048160 |
| 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) |
| Construction Style Attachment | Detached |
| Exterior Finish | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | House |
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 | 3.65 m | 4.75 m x 3.65 m |
| Main Level | Other | 4.2 m | 4.49 m | 4.2 m x 4.49 m |
https://www.realtor.ca/real-estate/26125071/264-coleman-st-belleville
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October 19 2023 04:51:44
Durham Region Association of REALTORS®
Century 21 All-Pro Realty (1993) Ltd.