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    Unlock a promising investment opportunity in Belleville with this turnkey duplex, projecting a robust 6.5% cap rate before financing. This asset comprises a 4-bedroom main house and a newly built bachelor unit, each with independent utilities and ready to rent out, requiring no additional upgrades or renovations required. The property is fresh to market with new paint, carpeting, and significant updates including a new kitchen and bathroom in the studio (2020), and a new hot water tank in the main unit (2023). Anticipate a monthly rental income potential of $3,200+ , with the bachelor and main units' last conservative rents fetched $915+utilities and $1970+utilities respectively ( current hot rental market can bring anywhere from $3,200-$3,600). The heated garage is an added perk. Step into a hassle-free investment with attractive returns from day one, and let this fully prepared duplex start working for you. Studio apartment heat: Electric**** EXTRAS **** New Studio Built (2020: New kitchen, bathroom) Main unit Freshly painted (2023), Hot water tank studio 2020, New Main unit hot water tank (2023) , heated garage, fully legally separated studio unit (id:24093)
    Listed by IRINA VANDEN BOSCH of CENTURY 21 ALL-PRO REALTY (1993) LTD.

    Property Details of 264 Coleman Street

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    "Based on information submitted to CREA as of December 5, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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