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

  249-253 Front Street Belleville, ON K8N 2Z6

Active (64 Days)
$5,885,000
12,722
SQFT
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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 leased, a 2161 sqft open concept unit awaits customization to meet tenants or owners needs. The residential units have undergone 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, site grading and drainage, new windows, 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®:
X8097404
Type
Multifamily
County
Hastings County

Listed By

Jamie T. Troke, Ekort Realty Ltd.
Source
CREA
Last checked May 3 2024 at 4:34 AM EDT
Bathroom Details
Heating and Cooling
  • Fully Air Conditioned
Location
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Apr 15, 2024
Price Changed
$5,885,000
-8%
-510,500
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: 5/2/24 21:34

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