249-253 Front Street Belleville, ON K8N 2Z6
Listing Courtesy of:  CREA / Ekort Realty Ltd.

  249-253 Front Street Belleville, ON K8N 2Z6

Active (24 Days)
$4,298,000
12,722
SQFT

Description

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:41440)

MLS®:
X9391504
Type
Multifamily
County
Hastings County

Listed By

Jamie T. Troke, Ekort Realty Ltd.
Source
CREA
Last checked Nov 4 2024 at 12:43 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Natural Gas
  • Hot Water Radiator Heat
  • Fully Air Conditioned
Location
   
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Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 11/3/24 16:43