Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

20-22 Charlotte Street, Belleville, ON K8P 1E2 (Charlotte St / Moodie St)
$ 770000 - MLS : X13115282

From Our Gallery

Description

Cash-flowing 4-plex generating over $6,200/month in income with separate hydro and heat meters for each unit, plus additional revenue from coin laundry. All four units offer 2 bedrooms, 1 bathroom, separate entrances, and updated finishes, making this a turnkey opportunity for investors seeking strong returns. Situated on a massive 94 x 111 lot with flexible R2 zoning permitting uses such as 4-unit dwellings, stacked townhouses and low-rise apartments, this property also offers excellent long-term development potential. The large parking area accommodates plenty of tenant vehicles, while the central Belleville location places you just minutes from downtown, Giant Tiger, Shoppers Drug Mart, Albert College, Loyalist College, and Zwick's Park. Ideal for investors, multi-generational families, or buyers looking to offset their mortgage with substantial rental income.***33 Burton St Belleville also for sale (MLS #X13115290) in rear adjoined lot - opportunity to acquire 6 units total for land assembly with dual road frontages for even more development opportunities.***

Location Description

Charlotte St / Moodie St

Property Detail

Community: Belleville Ward
Property Type: Tenant/Residential Freehold
Bedrooms: 8
Bath: 4
Garages: None
Annual Property Taxes : $ 4443

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Stone
Counstruction Material : Vinyl Siding
Total Parking Space : 8
Parking Type : None

Amenities

Heating : BaseboardElectric
Sewer : Sewer ,

Listing Contracted With: EXP REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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