$ 3,950,000
249-253 FRONT STREET Belleville, ON K8N2Z6
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$ 3,950,000
Est. payment | /mo
12,722 SqFt
$ 3,950,000
Est. payment | /mo
12,722 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,722 sqft
Price per Sqft $310
MLS® Listing ID X9391504
Originating Board Central Lakes Association of REALTORS®
Property 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:24570)
Location
Province ON
Interior
Heating Hot water radiator heat
Cooling Fully air conditioned
Exterior
Garage No
View Y/N No
Private Pool No
Listed by EKORT REALTY LTD.