20-22 Charlotte Street

About This Property

Cash-flowing 4-plex generating over $6,200/month in income with separate hydro and heat meters for each unit, plus additional revenue from coin laundry. All four units offer 2 bedrooms, 1 bathroom, separate entrances, and updated finishes, making this a turnkey opportunity for investors seeking strong returns. Situated on a massive 94 x 111 lot with flexible R2 zoning permitting uses such as 4-unit dwellings, stacked townhouses and low-rise apartments, this property also offers excellent long-term development potential. The large parking area accommodates plenty of tenant vehicles, while the central Belleville location places you just minutes from downtown, Giant Tiger, Shoppers Drug Mart, Albert College, Loyalist College, and Zwick's Park. Ideal for investors, multi-generational families, or buyers looking to offset their mortgage with substantial rental income.