31 & 33 Everett ST Active

Belleville,ON K8P 3K1

$ 999000

9 Beds

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Belleville Ward

MLS Listing ID X12047630

Style 2-Storey

Bedrooms 9

Annual Tax Amount $3,946

Tax Year 2024

Property Sub-Type Multiplex

Property Description

This property is a multiplex home consisting of three fully rented apartments, offering immediate rental income. The annual Gross income is currently over $84,000. Seller is willing to do a first-position VTB. With the necessary consent already in place, the new owner has the opportunity to complete the conversion and transform the property into two separate homes, creating a semi-detached duplex. According to current zoning bylaws, each side of the duplex can be further developed into a triplex, maximizing its investment potential. Details of the current layout: 33 Everett Street: Features two apartments, one 1-bedroom unit ($1500) and one 4-bedroom unit($1800). 31 Everett Street: Includes one 3-bedroom unit ($3160) with the potential to add a 1-bedroom unit. 31 Everett has had a complete renovation in 2024, bringing it right back to the studs, new electrical, plumbing, and insulation. This property is a rare opportunity for investors or developers looking to capitalize on a flexible and high-potential property in a desirable location.

Location

Province ON

County Hastings

Community Belleville Ward

Area Hastings

Rooms

Family Room Yes

Kitchen 3

Interior

Cooling Central Air

Exterior

Exterior Feature Lighting,Patio

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Building

Foundation Stone

Others

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