For Sale Multi-Family

8-10-12 George Street

$1,100,000 Est. $4,871/mo ↓

Brockville, Ontario K6V 1J2

Bldg=71.8 Ft Lot size
1 day ago Listed
Virtual tour None Hot Water Radiator Heat, Forced Air

About this home

Calling all investors! Looking for a great investment property with plenty of potential for future income growth and a convenient location? Be sure to check out this well-maintained 6-unit building featuring three 2-bedroom units, three 1-bedroom units and a 2-car garage!This property has seen numerous updates over the years, making it an attractive addition to any investment portfolio. Five of the six units have been updated, with only one remaining, offering an opportunity to add further value. Other improvements include updated furnaces, with a portion of the roof scheduled to be replaced this year.One of the great advantages of this investment is the expense structure! All tenants pay their own heat and hydro, while the landlord is responsible for the water for all six units, along with property taxes, insurance and ongoing maintenance. This helps keep operating expenses manageable while providing the opportunity for future rental income growth.Whether you're an experienced investor looking to expand your portfolio or just getting started in real estate investing, this property offers six income-producing units, numerous improvements already completed and potential for increased returns over time.Located in a convenient area close to everyday amenities, this is an investment opportunity worth exploring. Additional information on the units, rental income and operating expenses is available for serious buyers.Don't miss your chance to add this 6-unit property to your investment portfolio. Invest today and explore the potential for tomorrow! 24 hours min for all showings. (id:28469)

Facts & features

Property

MLS® Number
X14099850
Property Type
Multi-family
Community Name
810 - Brockville

Building

Cooling Type
None
Heating Fuel
Natural Gas
Heating Type
Hot Water Radiator Heat, Forced Air
Type
Multi-family
Utility Water
Municipal Water

Land

Acreage
No
Size Frontage
71 Ft ,9 In
Size Irregular
Bldg=71.8 Ft
Size Total Text
Bldg=71.8 Ft
Zoning Description
R4

Monthly payment estimate

$
Estimated payment — per month
Mortgage amount
—
Total interest
—

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$4,871/mo
Ontario land transfer tax
$18,475 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Brockville market

171 Active listings
$509,900 Median asking price
116% above median This home
40 days Avg. time on market
Browse all Brockville listings →

Location

8-10-12 George Street, Brockville, Ontario K6V 1J2  ·  Get directions

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