54 Sidney Street Belleville, Ontario K8P 3Y8

$1,850,000

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. (id:59743)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	X12204970
Property Type	Multi-family

Building

Age	51 To 99 Years
Appliances	Stove, Two Refrigerators
Heating Type	Radiant Heat
Size Interior	6,802 Ft2
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	218 Ft
Size Frontage	138 Ft
Size Irregular	138 X 218 Ft
Size Total Text	138 X 218 Ft
Zoning Description	R6

https://www.realtor.ca/real-estate/28435091/54-sidney-street-belleville