54 Sidney ST new

Belleville,ON K8P 3Y8

$ 1850000

- Bed

- Bath

6802 SqFt


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

View More
Favorite Go Tour