14,757 ft2
None
Baseboard Heaters
$2,087,500
58 & 60 Elgin Street at $2,087,500 each. Each building consists of 11 two bedroom and 1 one bedroom units, for a total of 24 units.As of Feb.01/26 there are 2 vacancies consisting of 1 two bedroom newly renovated and 1 one bedroom (58-01) which is currently used as a workshop/office.As of the Feb. 2026 rent roll the current monthly income is $25,030. (-potential income fully rented at current market rents would be an additional $2675. For a total of $27,705.).Primary expenses: - Property Taxes $28,311.82 Insurance $6624. Utilities (water & hydro) 2024 $24,255. Fire alarm monitoring 2025 $1224. Bell phone (fire alarm communication) 2025 $1080. Waste collection 2025 $2280. Grass & snow maintenance 2024 $3000. NOTES:Both buildings have newly installed fully functioning fire alarm systems with notifier communication to Belleville Fire Dept. currently monitored by Alarm Systems Belleville. Total cost of retrofit in 2023/2024 was approximately $100,000.Window replacement at 58 Egin is approx. 90%. All windows have been fully flashed in 2025 ($8000.)Window replacement at 60 Elgin is approx. 70%.This property to be sold with adjacent 12 Plex listing (id:51158)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Apartments |
Property Details
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MLS® Number
|
X12945496 |
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Property Type
|
Multi-family |
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Community Name
|
Belleville Ward |
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Features
|
Irregular Lot Size |
Building
|
Age
|
31 To 50 Years |
|
Appliances
|
Dryer, Water Heater, Two Washers |
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Cooling Type
|
None |
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Heating Type
|
Baseboard Heaters |
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Size Interior
|
14,757 Ft2 |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
137 Ft ,6 In |
|
Size Frontage
|
102 Ft ,4 In |
|
Size Irregular
|
102.36 X 137.51 Ft |
|
Size Total Text
|
102.36 X 137.51 Ft |
|
Zoning Description
|
R6 |
https://www.realtor.ca/real-estate/29543915/58-elgin-street-belleville-belleville-ward-belleville-ward