$1,150,000

Investment For Sale In Brockville, Ontario

$1,150,000

Property Information:

Circa 1875 stone 8-unit in the heart of all the activities in historic downtown Brockville,one block from city centre on major thoroughfare, high visibility & heavy traffic area, consisting of five large 2 bedroom apts on the 2nd & 3rd floors & 3 leased street level retail units, close to many retail stores & restaurants, 2 blocks from the St. Lawrence River, free downtown parking, breaker panels, tenants pay hydro & water, 40 ft x 111.5 ft lot, since Jan. 2020 major repairs & renovations to the heating system (boilers, pipes, radiators),roof, building exterior & common areas, electrical. Complete renovations to 3 apts including appliances, floors, kitchen cabinets, baths, water heaters, lighting, painting, reconfiguration of floor plan in one apt, renovation of one commercial unit, including new floor, ceiling, paint, great upside potential in the rental income with 2 apts at $839 each, should be $1500. All commercial tenants paid thru lockdown, buy before values skyrocket,cash cow (id:27)

Building Features:

  • Style: Multiplex
  • Exterior Finish: Stone, Brick
  • Foundation Type: Stone
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1875
  • Irregular: Yes
  • Lot Depth: 111.5 Feet
  • Lot Frontage: 40.0 Feet
  • Lot Size: 39.99 ft X 111.5 ft
  • Zoning: LOCAL COMMERCIAL (LC
  • Sewer: Municipal sewage system

Courtesy of: RE/MAX HALLMARK REALTY GROUP

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.