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$ 770,000
Est. payment /mo
New
20-22 Charlotte ST Belleville, ON K8P 1E2
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Belleville Ward
MLS Listing ID X13115282
Style 2 1/2 Storey
Bedrooms 8
Annual Tax Amount $4,443
Tax Year 2025
Property Sub-Type Fourplex
Property 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
Province ON
County Hastings
Area Hastings
Rooms
Basement Crawl Space, Unfinished
Kitchen 4
Interior
Interior Features Separate Hydro Meter, Primary Bedroom - Main Floor, In-Law Capability, In-Law Suite, Accessory Apartment, Separate Heating Controls
Cooling None
Inclusions Fridge x4, Stove x4. Coin washer & coin dryer. All in as-is condition.
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 8
Building
Foundation Stone
Lited by EXP REALTY