Jayne Porter

Sales Representative

jayneporter@sympatico.ca

Cell: 416-435-2005
Office: 705-660-2255

MLS®: X8097404

Status: For sale

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$5,885,000

Location:

249-253 Front St, Belleville Ontario, K8N2Z6

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 leased, a 2161 sqft open concept unit awaits customization to meet tenants or owners needs. The residential units have undergone 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, site grading and drainage, new windows, 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)

Property:
Type: Multi-family
Lot Dimensions: Bldg=60.75 x 172.24 FT	Acreage: Bldg=60.75 x 172.24 FT
Water: Municipal water

Structure:
Style: Multi-Family	Square Footage: 12722 sqft
Cooling Type: Fully air conditioned

Ball Real Estate Inc. Brokerage - Norwood

Jayne Porter
Sales Representative

Email Me

Telephone:
705-660-2255

Cellular:
416-435-2005

Listing Office: EKORT REALTY LTD.

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Jayne Porter

249-253 Front St, Belleville Ontario, K8N2Z6

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