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

Listed for:
$2,850,000
0 beds
0 baths
Listed 15 days ago
Multi-Family for rent: 249-253 Front Street, Belleville, Ontario K8N 2Z6

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About

Front Street And Campbell St Introducing the Burrows Building, a turnkey mixed-use investment opportunity in the heart of Downtown Belleville. This fully renovated and fully tenanted property offers stable, diversified income streams through a mix of commercial and residential units, making it an attractive opportunity for private investors, real estate professionals, and portfolio landlords alike. The building features 2 commercial units and 11 residential apartments, including 8 bachelor units, 1 two-bedroom unit, and 2 one-bedroom units, all of which are currently leased and have a history of strong tenant demand and minimal vacancy. Extensive renovations and capital improvements have already been completed, including structural upgrades, new windows, new fire escapes, enhanced security systems, and significant interior renovations throughout the building. The building's historic character has been preserved with exposed brick walls, while modern upgrades provide functionality and comfort. Located in Belleville's growing Downtown Core, the property benefits from ongoing economic development, nearby amenities, and continued demand for both residential and commercial space. The Burrows Building presents an excellent opportunity to acquire a stabilized, income-producing asset with immediate cash flow and long-term appreciation potential. (id:27476)

Property Highlights

MLS® Number
X13463854
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

Learn more about this property
Listing provided by:
EKORT REALTY LTD.
MLS® number:
X13463854
Agent:
Jamie Troke
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Street Spotlight - For sale