Karla Knows Quinte!
Call or Text
613 848 2252
201 Victoria Avenue Belleville, Ontario K8N 2B9
$1,729,000
Prime Investment Opportunity!! Solid Brick 11-Unit Apartment Building in a Highly Desirable Neighborhood. Discover a rare opportunity to own a meticulously maintained 11-unit solid brick apartment building located in one of the citys most sought-after neighborhoods. This timeless, all-brick construction offers investors a blend of classic durability and modern convenience, delivering long-term value and stable cash flow. Property Highlights: Unit Mix: 11 spacious units, consisting of a balanced mix of five 1 bedroom and six 2-bedroom apartments, designed for optimal tenant appeal. Construction: Solid brick exterior with concrete corridors in halls, classic architectural charm and low-maintenance appeal. Location: Situated in a vibrant, walkable neighborhood known for its strong rental demand, proximity to public transportation, top-rated schools, parks, shopping, and dining Condition: Well-maintained with recent updates including (new gas boiler, updated plumbing/electrical panels, remodeled units, energy-efficient windows) Amenities: On-site parking, secure entry, shared laundry facilities, and potential for added value through upgrades or rent increases Income: Strong, consistent rental history with high occupancy and room for upward rent adjustment. Whether you're a seasoned investor or looking to enter the multifamily market with a quality asset, this property offers the perfect combination of location, construction integrity, and growth potential. Don't miss this exceptional opportunity to invest in a turn-key property in a top-tier neighborhood. (id:47564)
Property Details
| MLS® Number | X12155788 |
| Property Type | Multi-family |
| Community Name | Belleville Ward |
| Parking Space Total | 11 |
Building
| Bathroom Total | 11 |
| Bedrooms Above Ground | 17 |
| Bedrooms Total | 17 |
| Age | 31 To 50 Years |
| Amenities | Separate Electricity Meters |
| Basement Development | Finished |
| Basement Features | Apartment In Basement |
| Basement Type | N/a (finished) |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick |
| Foundation Type | Concrete |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 5,000 - 100,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 100 Ft |
| Size Irregular | 100 X 100 Ft |
| Size Total Text | 100 X 100 Ft|under 1/2 Acre |
| Zoning Description | R6 |
Salesperson
(613) 969-9907
Salesperson
(613) 969-9907
(613) 849-1640
Contact Us
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 17 2025 01:22:31
Central Lakes Association of REALTORS®
RE/MAX Quinte Ltd.