249-253 Front Street, Belleville, Ontario K8N 2Z6

Listed for:
$3,550,000
0 beds
0 baths
Listed 7 days ago
Multi-Family for rent: 249-253 Front Street, Belleville, Ontario K8N 2Z6

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Learn more about this property
Listing provided by:
EKORT REALTY LTD.
MLS® number:
X12433950
Agent:
Jamie T. Troke
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About

Front Street And Campbell St 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:27476)

Property Highlights

MLS® Number
X12433950
Type
Multi-family
Community Name
Belleville Ward
Land Size
Bldg=60.75 x 172.24 FT

Building

Building Type
Multi-Family
Square Footage
12722 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Hot water radiator heat
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location