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$585,000
Available - For Sale
Listing ID: X11994171
Do you know what's better than a duplex or a triplex? A FOURPLEX! This attractive century building in the heart of Old East Hill, Belleville, sits proudly on a corner lot at Queen Street and George Street, offering timeless character and a solid investment opportunity. Divided into four self-contained units, each with dedicated parking spots, this property generates over $55,000 in gross rental income annually. Inside and out, beautiful period features such as tall ceilings, corbels, cove molding, and French doors highlight the home's historic charm. The newer commercial boiler serves all four units, ensuring efficiency. Unit 24A, a 1-bedroom, 1-bath (3-piece) main-floor unit, rents for $1,500/month + hydro, featuring stunning architectural details and in-suite laundry. Unit 24B, a cozy 1-bedroom suite with a walk-in closet and ensuite (4-piece), has a long-term tenant at $795/month + hydro. Unit 24C, an expansive 3-bedroom upper-level unit (approx. 1,550 sq. ft.), boasts a majestic staircase, built-in wall nooks, and a bright living room rented at $1,768.76/month + hydro. Unit D, located at 237 George Street, has a private entrance, open-concept layout, and a long-term tenant of over 20 years paying $548.27/month (all-inclusive). The property also features a detached garage, a full unfinished basement with separate access, and four individual hot water tanks. With tenants handling grass and snow maintenance, this self-supporting multi-plex is a turnkey investment. Detailed income and expense reports are available upon request add this gem to your real estate portfolio today!
Price $585,000
Taxes: $5,651.72
Assessment: $305000
Assessment Year: 2025
Address: 24 Queen St , Belleville, K8N 1T4, Ontario
Lot Size: 66.57 x 84.1 (Feet)
Acreage: < .50
Directions/Cross Streets: George Street and Queen Street
Rooms: 16
Rooms +: 0
Bedrooms: 6
Bedrooms +: 0
Washrooms: 4
Kitchens: 4
Kitchens +: 0
Family Room: N
Basement: Unfinished
Walk-Up
No. of Pieces Level
Washroom 1:  4 2nd
Washroom 2:  4 Main
Washroom 3:  3 Main
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 4
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2500-3000
Property Features: Golf
Hospital
Marina
Park
Rec Centre
School Bus Route
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Water
Central Air Conditioning: None
Central Vac: N
Laundry Level: Main
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Cable: A
Utilities-Hydro: Y
Utilities-Gas: Y
Utilities-Telephone: A
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ROYAL LEPAGE PROALLIANCE REALTY

24 Queen St , Belleville, K8N 1T4, Ontario

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Fourplex
Area: Hastings
Municipality: Belleville
Neighbourhood:
Style: 2-Storey
Lot Size: 66.57 x 84.10(Feet)
Approximate Age: 100+
Tax: $5,651.72
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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