ON
Belleville (Belleville Ward)
K8N2Z6
249-253 Front Street
249-253 Front Street, Belleville (Belleville Ward), ON K8N2Z6
Share Listing
Listing Type
Multi Family
Listing Status
Active
22
$2,850,000

Home Details for 249-253 Front Street

Price
$2,850,000
Type
Residential Income
Listing #
X13463854
Property Description

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:31684)

Property Features
  • Heating Information
    • Hot Water
    • Radiant
    • Natural Gas
Listing Courtesy: EKORT REALTY LTD.
Canadian Real Estate Association logoThe trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Canadian Real Estate Association.
EXIT REALTY GROUP, BROKERAGE
100 Bell Blvd. Suite 200, Belleville, ON K8P 4Y7
Office
613 966 9400
Request more details
Code: