322 COLEMAN St
Belleville, K8P 3J2
FOR SALE
$579,900

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BEDROOMS4
BATHROOMS4
KITCHENS16
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Property Description
Great Cash Flowing Investment Opportunity!!! Close to downtown Belleville North of Moira Street. Currently fully tenanted, Four 1-bedroom units, brick construction, 2 driveways (North side is shared). Main sewer line recently replaced, single car detached garage and fenced rear yard. All units have gas wall furnaces. Brand new renovations completed in apartment 2. Landlord pays some utilities and are as follows; Water $1822, Hydro $2788, Gas $3880. Tenants pay the following monthly rents; $820 inclusive, $1300 + gas, $855 + hydro, $840 inclusive. Great tenants and great opportunity to add to your portfolio or start with your first investment property.
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Property Details
Street
City
Property Type
Fourplex, 1 1/2 Storey
Lot Size
70' x 132'
Acreage
< .50
Fronting
West
Taxes
$3,363 (2024)
Basement
Crawl Space
Exterior
Brick
Heat Type
Other
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Garage Type
Detached
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Belleville Market Statistics
Belleville Price Trend
322 COLEMAN St is a 4-bedroom 4-bathroom home listed for sale at $579,900, which is $179,900 (45.0%) higher than the average sold price of $400,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Belleville declined by $165,000 (29.2%) compared to the previous 30 day period (December 22 - January 20) and down $125,000 (23.8%) from the same time one year ago.Inventory Change
There were 11 4-bedroom homes listed in Belleville over the last 30 days (January 21 - February 19), which is up 22.2% compared with the previous 30 day period (December 22 - January 20) and down 26.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Belleville typically sold ($9,900) (2.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $0 decrease compared to the previous 30 day period (December 22 - January 20) and ($24,900) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Belleville over the last 30 days (January 21 - February 19) stood at 63.6%, up from 22.2% over the previous 30 days (December 22 - January 20) and up from 60.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Belleville stood at 28 days when successfully sold over the last 30 days (January 21 - February 19), compared to 96 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Quinte Ltd.












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