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$ 1,850,000
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54 Sidney ST Belleville, ON K8P 3Y8
6,802 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,802 sqft
Price per Sqft $271
MLS Listing ID X12204970
Building Age 51-99
Annual Tax Amount $23,130
Tax Year 2024
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Hastings
Area Hastings
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 138.0
Lot Depth 218.0
Listed by RE/MAX QUINTE LTD.