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:53156)
MLS® Number | X12155788 |
Property Type | Multi-family |
Community Name | Belleville Ward |
Parking Space Total | 11 |
Bathroom Total | 11 |
Bedrooms Above Ground | 17 |
Bedrooms Total | 17 |
Age | 31 To 50 Years |
Amenities | Separate Electricity Meters |
Basement Development | Finished |
Basement Features | Apartment In Basement |
Basement Type | N/a (finished) |
Cooling Type | Window Air Conditioner |
Exterior Finish | Brick |
Foundation Type | Concrete |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Size Interior | 5,000 - 100,000 Ft2 |
Type | Other |
Utility Water | Municipal Water |
No Garage |
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 100 Ft |
Size Frontage | 100 Ft |
Size Irregular | 100 X 100 Ft |
Size Total Text | 100 X 100 Ft|under 1/2 Acre |
Zoning Description | R6 |
Kelly Paddon
Salesperson
(613) 969-9907
(613) 969-4447
www.remaxquinte.com/
Bill Ritskes
Salesperson
(613) 969-9907
(613) 969-4447
www.remaxquinte.com/