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249-253 FRONT STREET
Belleville Ontario K8N2Z6 Canada

$3,950,000

Active Listing ID X9391504
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12,722 square feet
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Multi-family

$3,950,000

Active Listing ID X9391504
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249-253 FRONT STREET Introducing your next investment opportunity, the Burrows Building! Located in Downtown Belleville, this multi-use building offers a blend of commercial and residential spaces, ensuring a diverse revenue stream. Among its highlights are 3 commercial and 11 residential units: 8 bachelors, 1 two-bedroom, and 2 one-bedroom apartments. With two of the commercial spaces being currently leased, an additional vacant 2161 sqft open concept unit awaits customization to meet tenants or owners needs. The residential units have undergone extensive recent renovations, showcasing contemporary amenities with the building's unique architectural charm. Some units are furnished and licensed for short-term accommodation, catering to both long and short term tenants. The Burrows Building has been completely upgraded and renovated within the last 3 years, including a total rebuild with structural upgrades, a new lower roof, new windows, new fire escapes, and security enhancements with surveillance cameras. Boasting stable rental income and promising growth potential, the Burrows Building presents an exceptional opportunity to expand your investment portfolio. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Fully air conditioned
  • Heating Systems: Hot water radiator heat, Natural gas
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 11/18/2024 8:35:42 PM GMT
Source Updated Date: 12/21/2024 11:34:56 PM GMT

Courtesy of: Jamie T. Troke, Broker of Record, EKORT REALTY LTD.