249-253 Front St
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249-253 Front St
11 Unit Apartment Building $3,950,000 CAD ($359,091 CAD/Unit) Belleville, ON K8N 2Z6
Investment Highlights
- Access to Transit
- Parking
- Natural Light
Executive Summary
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. Notable upgrades include a new lower roof, historical restoration, and security enhancements like surveillance cameras. Boasting stable rental income and promising growth potential, the Burrows Building presents an exceptional opportunity to expand your investment portfolio.
Property Facts
| Price | $3,950,000 CAD | Building Class | C |
| Price Per Unit | $359,091 CAD | Building Size | 12,722 SF |
| Sale Type | Investment | No. Stories | 3 |
| No. Units | 11 | Year Built | 1940 |
| Property Type | Multifamily | Parking Ratio | 0.55/1,000 SF |
| Property Subtype | Apartment |
| Price | $3,950,000 CAD |
| Price Per Unit | $359,091 CAD |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 12,722 SF |
| No. Stories | 3 |
| Year Built | 1940 |
| Parking Ratio | 0.55/1,000 SF |
Unit Amenities
- Air Conditioning
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Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (80)
zoning
| Zoning Code | C2-3 (General Commercial Zone) |
| C2-3 (General Commercial Zone) |
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249-253 Front St
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