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249-253 FRONT STREET
Belleville, Ontario K8N2Z6

$3,950,000

ID# X9391504
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:58777)

CONTACT US FOR MORE INFO

OFFICE: (613) 966-6060

Courtesy of EKORT REALTY LTD.

Listed on: October 05, 2024

On market: 47 days
Cooling Type Fully air conditioned
Heating Type Hot water radiator heat
Heating Fuel Natural gas
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DAVIES & CO.

REAL ESTATE TEAM

LICENSED REALTORS®


DIRECT: 613-707-4812

daviesandcompany@royallepage.ca

Royal LePage ProAlliance Realty, Brokerage - 357 Front Street, Belleville, ON K8N 2Z9 | OFFICE: 613.966.6060

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