201 VICTORIA AVENUE, Belleville, Ontario
$1,690,000
- 17 Beds
- 11 Baths
Prime Investment Opportunity!! Solid Brick 11-Unit Apartment Building in a Highly Desirable Neighborhood. Discover a rare opportunity to own a meticulously maintained 11-unit solid brick apartment building located in one of the citys most sought-after neighborhoods. This timeless, all-brick construction offers investors a blend of classic durability and modern convenience, delivering long-term value and stable cash flow. Property Highlights: Unit Mix: 11 spacious units, consisting of a balanced mix of five 1 bedroom and six 2-bedroom apartments, designed for optimal tenant appeal. Construction: Solid brick exterior with concrete corridors in halls, classic architectural charm and low-maintenance appeal. Location: Situated in a vibrant, walkable neighborhood known for its strong rental demand, proximity to public transportation, top-rated schools, parks, shopping, and dining Condition: Well-maintained with recent updates including (new gas boiler, updated plumbing/electrical panels, remodeled units, energy-efficient windows) Amenities: On-site parking, secure entry, shared laundry facilities, and potential for added value through upgrades or rent increases Income: Strong, consistent rental history with high occupancy and room for upward rent adjustment. Whether you're a seasoned investor or looking to enter the multifamily market with a quality asset, this property offers the perfect combination of location, construction integrity, and growth potential. Don't miss this exceptional opportunity to invest in a turn-key property in a top-tier neighborhood. (id:56241)
- Listing ID: X12155788
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
Are you looking for a private viewing? Schedule a tour with one of our Kingston real estate agents.
Listing provided by RE/MAX QUINTE LTD.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 201 VICTORIA AVENUE in Belleville Ontario. It was last modified on May 16th, 2025. Contact us to schedule a viewing or to discover other Belleville real estate for sale.