ATTENTION INVESTORS - Don't miss out on this great opportunity for positive cash flow sitting on 3/4 of an acre! Historic Apartment Building located in the Heart of Brockville - FULLY-OCCUPIED 14 unit (4 x 1bdrm, 9 x 2bdrm, 1 x 3bdrm) situated on a massive 172' ft. x 184' ft. lot! Located only 4 blocks from the St Lawrence River and close to Downtown. Brockville is a BOOMING Thousand Islands tourist town, making it a great rental location that is well populated with lots of amenities. 13 of the 14 total units have their own hydro and water meter. Tenants pay for laundry. Plenty of parking available, parking is paid by tenants. Shared backyard offers play area for children. UPDATES: two Gas boiler Furnaces 2008, Windows are older with added storm screens and Different Roofs are between 1-25 yrs old, various updates inside the units. GROSS INCOME: $173,858.40 - EXPENSES: $48,804.82 = $125,053.58 NOI. (id:39544)
MLS® Number | 1277844 |
Property Type | Multi-family |
Neigbourhood | Brockville |
Parking Space Total | 13 |
Constructed Date | 1900 |
Cooling Type | Window Air Conditioner |
Exterior Finish | Stucco |
Foundation Type | Stone |
Heating Fuel | Natural Gas |
Heating Type | Radiant Heat |
Stories Total | 3 |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 183 Ft |
Size Frontage | 172 Ft |
Size Irregular | 0.7 |
Size Total | 0.7 Ac |
Size Total Text | 0.7 Ac |
Zoning Description | Legal Non Conforming |
https://www.realtor.ca/real-estate/24416932/6-fairknowe-drive-brockville-brockville
Contact us for more information
Eli Skaff
Broker of Record
(613) 231-3000
www.avenuenorth.ca
Martina Hudson
Salesperson
(613) 231-3000
www.avenuenorth.ca