Property Details

87-93 King ST W, Brockville, Ontario, K6V3R1

87-93 King ST W, Brockville, Ontario, K6V3R1 (ID K21003178)
Representative
Don & Janet Armour
Sales Representatives
Sutton Group - Masters Realty Inc. Brokerage*
Cell: 613-384-4500
Tel: 613-384-5500
Toll free: 800-387-8955

$2,600,000 - For sale

ID#:K21003178

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"Ž.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:2471)

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Property Details
  • Property Address:87-93 King ST W, Brockville, Ontario, K6V3R1
  • Property Type:Multi-family
  • Community Name:County of Leeds
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Road access
Structure Details for 87-93 King ST W, Brockville, Ontario, K6V3R1
Representative
Don & Janet Armour
Sales Representatives
Sutton Group - Masters Realty Inc. Brokerage*
Cell: 613-384-4500
Tel: 613-384-5500
Tollfree: 800-387-8955
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87-93 King ST W, Brockville, Ontario, K6V3R1

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