7% cap rate with potential for better! River view! Renovated 4-story, 14-unit apartment building of a total 10,000sqf. Two main-level commercial units of approx 1000 sq ft & 1800 sq ft. Run your own business for retail / doctor office/ restaurants / banks. In one of best locations in Core Downtown Brockville. Immediately opposite to CIBC bank, short walk to tall ships, tourist rail tunnel, city hall, banks, restaurants and river. Most windows 2017 to 2020, roof 2020. Natural gas boiler heating system. Half of units recently renovated with new flooring, kitchen & baths. 4 parking, security cameras, led lights in the renovated units. Laundry in building. VTB Available. |
Extras: VTB available. 14 units multiple residential with turnkey operations, great income, large upside potential, 12 residential and 2 commercial units. |
Price | $2,400,000 |
Taxes: | $28889.42 |
Tax Type: | Annual |
Assessment Year: | 2023 |
Occupancy by: | Tenant |
Address: | 87-93 King St West , Brockville, K6V 3R1, Ontario |
Postal Code: | K6V 3R1 |
Province/State: | Ontario |
Legal Description: | Blk 29 Pt Lot 33 Pt Lot 34 Pt Lot 35 |
Lot Size: | 49.85 x 111.30 (Feet) |
Directions/Cross Streets: | King St W & Apple St. |
Category: | Apartment |
Use: | Apts-13 To 20 Units |
Building Percentage: | Y |
Total Area: | 0.13 |
Total Area Code: | Acres |
Office/Appartment Area: | 7200 |
Office/Appartment Area Code: | Sq Ft |
Retail Area: | 2800 |
Retail Area Code: | Sq Ft |
Sprinklers: | N |
Heat Type: | Gas Hot Water |
Central Air Conditioning: | N |
Elevator Lift: | None |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
SAVE MAX REAL ESTATE INC. |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Leeds & Grenvi |
Municipality: | Brockville |
Lot Size: | 49.85 x 111.30(Feet) |
Tax: | $28,889.42 |