264 Coleman St, Belleville, Ontario K8P 3H7

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