James Denison

James Denison

Broker

Madoc: 613-473-9037

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Michael Denison

Michael Denison

Sales Representative

Belleville: 613-969-9907

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Luis Denison

Luis Denison

Sales Representative

Cell: 613-921-4865

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RE/MAX Quinte Ltd. Brokerage*

Property Details

58-60 ELGIN Street, Belleville, Ontario, K8P4B2

58-60 ELGIN Street, Belleville, Ontario, K8P4B2 (ID 40304753)
Representative
Jim, Michael and Luis Denison
Broker and Sales Representatives
RE/MAX Quinte Ltd. Brokerage* - Madoc
Tel: 613-473-9037

$4,375,000 - For sale

ID#:40304753

With rents climbing and rental supply, tight residential income property is still a solid investment. This 24-unit property has a solid tenant base and all units are separately metered. Tenants pay their own hydro. The property has been personally managed by the owner for many years. It's just time for him to take a break and play some golf. Potential Gross of almost $300,000. Potential Net around $200,000. Financial pro forma is available. (id:2471)

Location DescriptionSidney Street to Moira Street W to Elgin Street

Property Details
  • Property Address:58-60 ELGIN Street, Belleville, Ontario, K8P4B2
  • Property Type:Multi-family
  • Title:Freehold
  • Acreage:1/2 - 1.99 acres
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Road access
  • Parking Space Total:24
Structure Details for 58-60 ELGIN Street, Belleville, Ontario, K8P4B2
  • Bedrooms:46
  • Bathrooms:24
  • Heating Type:Electric, Baseboard heaters
  • Style:Detached
  • Storeys:2
  • Basement Type:Full (Finished)
  • Cooling Type:None
  • Rental Equipment:None
  • Exterior Type:Brick
Amenities for 58-60 ELGIN Street, Belleville, Ontario, K8P4B2 Park/reserve, Laundry- Coin operated, Community Centre, School Bus
  • Amenities Nearby:Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Representative
Jim, Michael and Luis Denison
Broker and Sales Representatives
RE/MAX Quinte Ltd. Brokerage* - Madoc
Tel: 613-473-9037
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58-60 ELGIN Street, Belleville, Ontario, K8P4B2

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