LOADING

87-93 King St W Brockville, Ontario K6V 3R1

$2,600,000

Check this out! 5% cap rate with potential for better for this neat & tidy building that is strictly managed with good tenants! Amazing river views from 3rd & 4th levels Renovated 4-story 14-unit apartment building with 2 main level commercial units 1000 sq ft & 1800 sq ft + 1 bachelor-2 one-bdrm units & 9 two-bdrms units-Situated in one of the best locations in downtown Brockville immediately opposite CIBC & short walk to the Tall Ships/Aquatarium & Courthouse Square with its spectacular gardens & flower beds-Updates: roof 2020, most windows 2017, natural gas boiler heating system-Some units recently renovated with new flooring awesome kitchens & wow-factor bathrooms-Many units with original hrwd flooring-1 commercial unit & 1 residential unit with jaw dropping spectacular 10 ft+ ceilings- -Great upside potential as renovated units are going for 70% more rent than present rent-main floor west commercial unit needs significant updates-1 residential unit is rough, balance range from nice and clean to nicely renovated, a few are spectacular"¦.and the river views are awesome-Detailed net sheet available & add'l photos are available for serious buyers-Viewing units available after accepted offer in place-City of 1000 Islands is located on 401 Corridor only 3 hours from Toronto & 2.5 hours from Ottawa & in between 2 bridges to U.S.-Brockville s is an up & coming retirement community with some small light industry & an extensive retail & service sector. (id:34628)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number K21003178
Property Type Multi-family
Neigbourhood 02 - Leeds and The 1000 Islands
Community Name County of Leeds

Building

Fireplace Present No
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Sewer Municipal Sewage System
Size Total Text Under 1/2 Acre
Zoning Description Mixed Use

https://www.realtor.ca/real-estate/23230478/87-93-king-st-w-brockville-02-leeds-and-the-1000-islands

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