Added 9 months ago
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Type: Investment
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Property Type: Commercial
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Zoning: LOCAL COMMERCIAL
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Age: No Data
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Taxes: 10906
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MLS®#: X9515324
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Days on Site: 285 Days
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Added: Feb 06, 2024 (9 months ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: RE/MAX HALLMARK REALTY GROUP
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
Property
Status: Sale
Property Type: Investment
Property Type: Apartment
Net Income: 75194
Area: Brockville
Community: 810 - Brockville
Availability Date: TBA
Inside
Air Conditioning: Central Air
Building
Heat Type: Water
Water Supply: Municipal
Amps: 400
Fees
Tax Year: 2023
Tax Legal Description: LT 31 BLK 29 PL 67; BROCKVILLE
Taxes: $10,906
Insurance Fee: 7350
Operating Fees: 43647
Land
Cross Street: 73 KING ST W, CORNER
Municipality District: Brockville
Parcel Number: 441630067
Sewer: Sewers
Lot Depth: 111.5 Feet
Lot Frontage: 39.99 Feet
Zoning: LOCAL COMMERCIAL
Additional Media
- Virtual Tour: https://www.dropbox.com/sh/nm50es6lln5al6r/AACHPkS7UBsyjWnSZavCWHcca/Closs%2073%20King%20St%20W%20Br%20CV%20Home%20Wa_Unbranded.mp4?dl=0
Commercial Specific
Gross Income/Sales: 118841
Commonwealth Public School
Elementary: PublicSt Francis Xavier Separate School
Elementary: CatholicSt Mary's Separate School
Elementary: CatholicPrince of Wales Public School
Elementary: PublicBCI Intermediate School
Elementary: PublicWestminster Public School
Elementary: PublicÉcole secondaire catholique Académie catholique Ange-Gabriel
Secondary: CatholicAthens District High School
Secondary: PublicSouth Grenville District High School
Secondary: PublicBrockville Collegiate Institute
Secondary: PublicSt Mary's High School
Secondary: CatholicThousand Islands Secondary School
Secondary: Public
