249-253 Front St

For Sale 21 Days
$3,750,000 $100K
$3,650,000
beds
baths
12,722 Sqft

249-253 Front St

For Sale 21 Days
$3,750,000 $100K
$3,650,000
beds
baths
12,722 Sqft

Highlights

Key insights

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:63267)

Jamie T. Troke of EKORT REALTY LTD.,
#X12433950
updated 4 days ago.
Houseful checked MLS® for data 4 days ago.

Home overview

Amenities / Utilities
  • Cooling
    Fully air conditioned
  • Heat source
    Natural gas
  • Heat type
    Hot water radiator heat
Location
  • Subdivision
    Belleville ward
Overview
  • Lot size (acres)
    0.0
  • Building size
    12722
  • Listing #
    X12433950
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28928730/249-253-front-street-belleville-belleville-ward-belleville-ward
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-9,733

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25 Years fixed, 20% down payment, % interest
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