221 Albert Street

Belleville, ONMulti-family
$1,250,000
MLS® X13701732
Multi-family5 beds5 baths23 total
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About This Property

ATTENTION INVESTORS - 5-PLEX IN BELLEVILLE'S OLD EAST HILL WITH DETACHED GARAGE! An exceptional investment opportunity awaits on historic Albert Street in Belleville's highly sought-after Old East Hill neighbourhood. This meticulously cared-for, fully tenanted 5-plex offers the ideal combination of timeless character, functional living spaces, and the convenience of a multi-unit property in one of the city's most established communities. Steeped in history, this century home showcases the architectural charm and character of its era, thoughtfully complemented by modern conveniences. With ample parking and a large detached 3 car garage (built in 2024) offering the potential to add an additional unit above, or a stay at home office, subject to approvals, the property presents both immediate functionality and exciting future possibilities for investors. Located in the heart of Old East Hill, residents enjoy mature streetscapes, established neighbourhoods, local amenities, and convenient access to all that Belleville has to offer. The area's enduring appeal makes it a desirable location for tenants and a compelling choice for investors seeking a well-positioned multi-residential property. Roof reshingled in May 2021 and the main floor unit in 219 Albert has over $60 k in renovations done with high end finishes and a gas fireplace. owner has owned the building for 20 years. There is a detached garage as well and lots of paved parking. New paved driveways in 2024 and parking for 20 cars. Stable tenancy with many tenants living there for over 10 years. (id:63604)

Key Facts

Type
Multi-family
Beds
5
Baths
5
Size
5,000 sqft
Lot
144 x 132 FT
Parking
23 total

Highlights

  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer
Property Details 14 details
Bedrooms
5 bedrooms
5 above grade
Bathrooms
5 bathrooms
Parking
23 parking spaces
Detached Garage · Garage
Living area
5,000 - 100,000 sq. ft.
Property
Multi-family
Property subtype
Multi-family
Structure type
Other
Storeys
2
Basement
Unfinished, Full
Heating
Baseboard heaters, Electric, Natural gas, Other
Fireplace
Yes
Lot dimensions
144 x 132 FT
Frontage
144 feet
Taxes
$9,907.92 (2,025)
Zoning
R 2
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorDishwasherStoveDryer

Exterior features

BrickStone
Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$1,250,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Belleville Ward
City
Belleville
Postal code
K8N 3N6
Nearby
Cross Streets: Bridge & Albert. ** Directions: East on Bridge St, North on Albert to 221.
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