249-253 FRONT STREET, Belleville (belleville Ward), Ontario, K8N2Z6

249-253 FRONT STREET, Belleville (belleville Ward), Ontario, K8N2Z6 (ID X12433950)
Representative
Dominic and Jack Cole
Real Estate Brokers / Senior Real Estate Specialist
BALL Real Estate Inc., Brokerage - Lakefield
Cell: 705-772-6683
Tel: 705-651-2255(Ball)
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$3,550,000 - For sale

ID#:X12433950

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. One of the commercial spaces is being currently leased. Currently vacant is a newly renovated 1,853 sqft unit and features exposed brick and stone, and an accessible layout complete with an accessible washroom. An additional 1,024 sqft storage space is currently vacant, and offers its own character with exposed brick, exclusive entryway and convenient alleyway access. 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 4 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:2471)

Location DescriptionFront Street And Campbell St

Property Details
  • Property Address:249-253 FRONT STREET, Belleville (belleville Ward), Ontario, K8N2Z6
  • Property Type:Multi-family
  • Community Name:Belleville Ward
  • Lot Size:Bldg=60.75 x 172.24 FT
  • Water Type:Municipal water
Structure Details for 249-253 FRONT STREET, Belleville (belleville Ward), Ontario, K8N2Z6
  • Structure Style:Multi-Family
  • Floor Space:12722 sqft
  • Heating Type:Natural gas, Hot water radiator heat
  • Cooling Type:Fully air conditioned
Representative
Dominic and Jack Cole
Real Estate Brokers / Senior Real Estate Specialist
BALL Real Estate Inc., Brokerage - Lakefield
Cell: 705-772-6683
Tel: 705-651-2255(Ball)
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249-253 FRONT STREET, Belleville (belleville Ward), Ontario, K8N2Z6

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