For Sale Multi-Family

8-10-12 George Street

$1,100,000 Est. $4,871/mo ↓

Brockville, Ontario K6V 3V4

9 Bedrooms
6 Bathrooms
3,500 - 5,000 sqft Interior
2 Parking spaces
71.8 Ft Lot size
2 days ago Listed
Virtual tour None Baseboard Heaters, 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 notice for all showings. (id:28469)

Facts & features

Property

MLS® Number
X14099842
Property Type
Multi-family
Community Name
810 - Brockville
Features
Irregular Lot Size
Parking Space Total
2

Building

Bathroom Total
6
Bedrooms Above Ground
9
Bedrooms Total
9
Age
100+ Years
Basement Type
Crawl Space
Cooling Type
None
Exterior Finish
Stucco
Foundation Type
Stone
Heating Fuel
Natural Gas
Heating Type
Baseboard Heaters, Forced Air
Stories Total
2
Size Interior
3,500 - 5,000 Sqft
Type
Other
Utility Water
Municipal Water

Parking

Detached Garage
—
Garage
—

Land

Acreage
No
Sewer
Sanitary Sewer
Size Frontage
71 Ft ,9 In
Size Irregular
71.8 Ft
Size Total Text
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

170 Active listings
$522,400 Median asking price
111% above median This home
39 days Avg. time on market
Browse all Brockville listings →

Location

8-10-12 George Street, Brockville, Ontario K6V 3V4  ·  Get directions

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