249-253 Front Street , Belleville, ON K8N2Z6
Belleville, ON K8N2Z6
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:13843)
Details
| MLS# | X9391504 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Status | Active |
| Days On Site | 195 |
| Listing Provided By | EKORT REALTY LTD. | Jamie T. Troke |
Features
| SQ Feet | 12,722 |
|---|---|
| Zoning | MX1 |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Belleville |
| Postal Code | K8N2Z6 |
| Listing VS Median (In K8N2Z6) | |
Price: $3,950,000 low | high Med: $1,200 SqFt: 12,722 low | high Med: 1,144 $ / SqFt: $310 low | high Med: $1 On site: 195 low | high Med: 314.000000 | |
