249-253 Front Street, Belleville (Belleville Ward), Ontario

About 249-253 Front Street

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:6289)

More Info on this Belleville Ward Multi-Family MLS® listing

249-253 Front Street is a multi-family listing for sale in Belleville (Belleville Ward). The MLS® number is X13463854. It covers 12,722 square feet. It's currently listed for $2,550,000. For more details on MLS® X13463854, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in Belleville Ward is available now!

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