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$1,150,000
Available - For Sale
Listing ID: X9515324
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
Price $1,150,000
Taxes: $10,906
Occupancy by: Tenant
Address: 73 KING St West , Brockville, K6V 3R1, Ontario
Postal Code: K6V 3R1
Province/State: Ontario
Legal Description: LT 31 BLK 29 PL 67; BROCKVILLE
Lot Size: 39.99 x 111.5 (Feet)
Directions/Cross Streets: 73 KING ST W, CORNER OF ST ANDREW & KING ST W BROCKVILLE
Zoning: LOCAL COMMERCIAL
Category: Apartment
Insurance Expense: $7350
Water Expense: $0
Gross Income/Sales: $118841
Operating Expenses: $43647
Net Income Before Debt: $75194
Heat Type: Water
Central Air Conditioning: Central Air
Sewers: Sewers
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP

73 KING St West , Brockville, K6V 3R1, Ontario


 
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Type: Com - Investment
Area: Leeds & Grenville
Municipality: Brockville
Neighbourhood: 810 - Brockville
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Lot Size: 39.99 x 111.50(Feet)
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Tax: $10,906
Maintenance Fee: $0
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