Quick Summary
Quick Summary
- Historic downtown 8-unit near river
- High foot traffic retail location
- Recent heating, roof, exterior upgrades
- 5 large 2BR apts, 3 retail units
- Tenants pay utilities
- Commercial tenants stable
- Upside in raising apartment rents
- Cash flow investment before values rise
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... Show More
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 (id:54626)
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