5-7 Boswell Street Belleville, Ontario K8P 3K7

$599,000

This type of property presents an ideal opportunity for an owner-occupier to live on-site and offsetting a significant portion of their monthly mortgage with rental income from the other two units. This uniquesetup offers affordable homeownership with the added convenience of living on-site, thereby eliminating the need and cost of hiring a property management company. Ideally situated just a short walk from downtown, steps from a major transit route, close to schools, shopping, and many essential amenities, making it highly desirable for tenants and investors alike. The property consists of three well-maintained two-bedroom residential units. Long-term tenants currently occupy two, while the third unit (5) is vacant and move-in ready, offering the new owner the ability to set the rent and choose their own tenants. All three units have been extensively updated, featuring major capital improvements that include full plumbing and electrical upgrades, including three new panels. New windows & exterior doors. All 4-piece bathrooms have been remodeled and moved to the main floor. New soffits, fascia, and eaves were installed in 2018, along with new shingles. Vinyl flooring in the kitchens and bathrooms was also updated. All 3 natural gas furnaces & owned HWTs (one installed in April 2025) were replaced. 5 Boswell had the hardwood professionally refinished, a brand-new kitchen installed and the interior painted . Some additional great features include: In-unit laundry hook-ups in all three apartments. Interconnected smoke and CO detectors. Open-concept main floor layouts with eat-in kitchens. Carpet-free building with approximately 80% being the original hardwood flooring. Private outdoor space for each unit that includes a rear decks and a dedicated storage shed for each tenant. Large parking area & maitenance free exterior. This property offers a 6.3% cap rate with significant growth potential. See for yourself vacant unit is very easy to show, 24 hrs for others. (id:59743)

Property Details

MLS® Number	X12253720
Property Type	Single Family
Community Name	Belleville Ward
Amenities Near By	Place Of Worship, Schools, Public Transit
Community Features	School Bus
Features	Flat Site, Carpet Free
Parking Space Total	6
Structure	Deck, Shed

Building

Bathroom Total	3
Bedrooms Above Ground	6
Bedrooms Total	6
Age	100+ Years
Amenities	Fireplace(s), Separate Electricity Meters
Appliances	Water Heater, Water Meter, Stove, Window Coverings, Two Refrigerators
Basement Type	Crawl Space
Construction Style Attachment	Attached
Exterior Finish	Vinyl Siding, Stucco
Fire Protection	Smoke Detectors
Fireplace Present	Yes
Fireplace Total	1
Flooring Type	Hardwood
Foundation Type	Stone
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	3,000 - 3,500 Ft2
Type	Row / Townhouse
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Land Amenities	Place Of Worship, Schools, Public Transit
Sewer	Sanitary Sewer
Size Depth	132 Ft
Size Frontage	51 Ft
Size Irregular	51 X 132 Ft
Size Total Text	51 X 132 Ft|under 1/2 Acre
Zoning Description	R4

Rooms

Level	Type	Length	Width	Dimensions
Main Level	Kitchen	3.77 m	3.44 m	3.77 m x 3.44 m
Main Level	Kitchen	3.77 m	3.44 m	3.77 m x 3.44 m
Main Level	Kitchen	3.67 m	3.14 m	3.67 m x 3.14 m
Main Level	Dining Room	3.37 m	4.06 m	3.37 m x 4.06 m
Main Level	Dining Room	3.39 m	3.89 m	3.39 m x 3.89 m
Main Level	Dining Room	3.37 m	4.06 m	3.37 m x 4.06 m
Main Level	Living Room	3.44 m	3.29 m	3.44 m x 3.29 m
Main Level	Living Room	3.14 m	3.48 m	3.14 m x 3.48 m
Main Level	Living Room	3.46 m	3.35 m	3.46 m x 3.35 m
Upper Level	Primary Bedroom	4.09 m	3.21 m	4.09 m x 3.21 m
Upper Level	Primary Bedroom	3.89 m	2.9 m	3.89 m x 2.9 m
Upper Level	Bedroom 2	3.95 m	3.15 m	3.95 m x 3.15 m
Upper Level	Bedroom 2	3.03 m	2.89 m	3.03 m x 2.89 m
Upper Level	Bedroom 2	3.68 m	3.28 m	3.68 m x 3.28 m
Upper Level	Primary Bedroom	4.98 m	3.66 m	4.98 m x 3.66 m

Utilities

Cable	Available
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/28539351/5-7-boswell-street-belleville-belleville-ward-belleville-ward