193 Victoria Av - Multi-Family FOR SALE


Belleville, ON K8N 2B9
$1,299,000 CAD
416-573-2506
193 Victoria Av, Belleville, ON for Sale
$1,299,000 CAD
Multi-Family - FOR SALE
1/10
null | Request Cap Rate

193 Victoria Av
Belleville, ON K8N 2B9


OVERVIEW

Fully occupied, 6 unit income producing residential apartment building for sale, on 0.14 acres of land (6,275 SF). Roof shingles were replaced in 2021 with 40+ year expected lifespan. Attractive location in a quiet residential area, not far from downtown Belleville. Shared parking lot with 6 spots including one for each tenant. Financial information including revenue & expenses available upon request. Proposed agreements of purchase & sale may be submitted to listing brokerage at any time. Opportunity for rental increases scheduled in 2025 as well as potential cost savings to increase profitability over time. Attractive investment opportunity!

FOR SALE DETAILS

PRICE

$1,299,000 CAD

PRICE/SF

$336 CAD /SF

# OF UNITS

6

PRICE/UNIT

$216,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

120802005517900

ASK ABOUT THIS PROPERTY

John MarinoMarino Locations LimitedMore Info
416-573-2506

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

John MarinoMarino Locations LimitedMore Info
416-573-2506

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.