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MLS® X12428014

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size -
Garage Yes
Taxes $5,737
Lot Size 
Approx. Age 
MLS® Number X12428014

Property Address: 190 Bridge St E, Belleville, ON, K8N1N4

Average square foot calculated using Size range provided by listing agent.

Description

Set on a large, south-facing corner lot, this red brick turn-of-the-century home has been thoughtfully converted into four apartments three one-bedroom units and one two-bedroom unit making it a fantastic investment opportunity. With below-market rents with long-term tenants ranging from $750 to $800 per month and a net operating income of approximately $15, 250, this property offers considerable room for upside. The gross rent is $36, 600, which includes water, gas, taxes, insurance, and maintenance. The home retains many of its original period details, showcasing the craftsmanship of its era. Hardwood floors, two decorative cast iron fireplaces, large bay windows, and soaring ceilings highlight the living spaces. Decorative archways, original doors, trim, and mouldings further enhance the character, while the generously sized principal rooms provide tenants with comfort and style not often found in modern apartments. The exterior is equally inviting, featuring a wrought-iron fence, mature trees, and lush gardens that enhance its curb appeal. A private fenced stone courtyard offers a tranquil shared outdoor space for tenants to relax and enjoy. Combining historic charm with income potential, this property is a rare opportunity for investors seeking an attractive asset with a reasonable buy-in value and considerable upside. Two paved driveways provide parking for 6 vehicles, plus a detached 1-car garage. The building has five hydro meters. Home inspection available.Show Description
MLS® NumberX12428014
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementUnfinished
DrivewayGarage Type:Detached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Kitchen:Main Floor8.44 × 10.47 ft

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Commute

Starting Address
Destination Address
190 Bridge St E, Belleville, ON

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