Quick Summary
Quick Summary
- Unique and rare redevelopment/renovation opportunity
- Large 90' x 114' lot with commercial structures
- Excellent investment potential for renting, flipping or rebuilding
- Fully renovated 4 unit 1-bedroom rental producing $4,800/month
- Potential to add 2 more rental units with separate utilities
- Structures at back and right may need extensive upgrades
- Potential for demolished and rebuilt condo/apartment/commercial
- City may support redevelopment, buyers to do due diligence
Attention to all investors!! An UNIQUE and rare RE-DEVELOPMENT/ RENOVATION opportunity!\r\nThis 90’ x 114’ Lot with Commercial Structures has lots of potential and ready for you to RE-DEVELOP.\r\nThis property is located right at the busy historic downtown of Brockville, with great investment purposes, no matter for rent, doing flip or... Show More
Attention to all investors!! An UNIQUE and rare RE-DEVELOPMENT/ RENOVATION opportunity!\r\nThis 90’ x 114’ Lot with Commercial Structures has lots of potential and ready for you to RE-DEVELOP.\r\nThis property is located right at the busy historic downtown of Brockville, with great investment purposes, no matter for rent, doing flip or re-building from scratch.\r\nFor renting purposes: The structure at the right of the lot had been fully renovated, offering FOUR 1-bedroom units with appliances. All 4 units are rented, producing $4,800 monthly, all comes with separate electric, water & gas lines.\r\nFor renovation: Potential of adding 2 more units for extra income, also comes with separate electric, water & gas lines. The structure at the back and at the right may need extensive upgrades or renovation for future commercial use.\r\nFor re-development: Potential for demolished and rebuilt a condo/apartment/large commercial. (City may support the redevelopment. Buyers do their own due diligence). (id:54626)
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