Property Details

249-253 FRONT STREET, Belleville, Ontario, K8N2Z6

249-253 FRONT STREET, Belleville, Ontario, K8N2Z6 (ID X8097404)
Representative
Judi Dusto portrait
Judi Dusto
Sales Representative
RE/MAX HALLMARK EASTERN REALTY Brokerage - Lakefield
Cell: 705-872-7939
Tel: 705-652-3367
Toll free: 800-850-6029

$5,885,000 - For sale

ID#:X8097404

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:2471)

Property Details
  • Property Address:249-253 FRONT STREET, Belleville, Ontario, K8N2Z6
  • Property Type:Multi-family
  • Lot Size:Bldg=60.75 x 172.24 FT
  • Water Type:Municipal water
Structure Details for 249-253 FRONT STREET, Belleville, Ontario, K8N2Z6
  • Structure Style:Multi-Family
  • Floor Space:12722 sqft
  • Heating Type:Natural gas, Hot water radiator heat
  • Cooling Type:Fully air conditioned
Representative
Judi Dusto portrait
Judi Dusto
Sales Representative
RE/MAX HALLMARK EASTERN REALTY Brokerage - Lakefield
Cell: 705-872-7939
Tel: 705-652-3367
Tollfree: 800-850-6029
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249-253 FRONT STREET, Belleville, Ontario, K8N2Z6

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