




This multi-family in Belleville offers 12,722 sqft of living space. The property has lot dimensions of Bldg=60.75 x 172.24 FT. The home features hot water radiator heat, natural gas heating, fully air conditioned.
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. One of the commercial spaces is being currently leased. Currently vacant is a newly renovated 1,853 sqft unit and features exposed brick and stone, and an accessible layout complete with an accessible washroom. An additional 1,024 sqft storage space is currently vacant, and offers its own character with exposed brick, exclusive entryway and convenient alleyway access. The residential units have undergone extensive 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 4 years, including a total rebuild with structural upgrades, a new lower roof, new windows, new fire escapes, 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:60351)
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Listed by Jamie T Troke, EKORT REALTY LTD.
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Listing represented by Jamie T Troke, EKORT REALTY LTD. · MLS# X12433950
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.