LOADING

388 King St W Brockville, Ontario K6V 3S6

Boiler

$1,194,900

Rare Investment opportunity! This spectacular Victorian style 10-unit residential apartment building is a proven money maker. Located in the west end of Brockville, this desirable location is close to shopping, parks, golf course and the St Lawrence River. The building has been meticulously maintained with 100% occupancy for the past 4 years. Updates include roof Dec 2020, unit 5 bathroom 2021, unit 6 bathroom & kitchen 2018, unit 7 bathroom 2018, unit 2 and 4 completely gutted and renovated in 2017. The property generates $111,039.16 in income with expenses of $38,180 for a net income of $72,859.16. This all brick home comes with a large 76' frontage X 341' deep lot with an exterior garage / workshop and parking for tenants. Rent includes utilities + additional charge to tenants in summer months for window air conditioners. Seller requires 48 hours irrevocable on all offers. Showings will be allowed when an accepted offer is in place. (id:29438)

Property Details

MLS® Number K21001837
Property Type Multi-family
Community Name County of Leeds
Equipment Type None
Parking Space Total 10
Rental Equipment Type None

Building

Age Over 50 Years
Basement Development Unfinished
Basement Type Full (unfinished)
Exterior Finish Brick
Fireplace Present No
Foundation Type Stone
Heating Fuel Other
Heating Type Boiler
Utility Water Municipal Water

Parking

Garage
Detached Garage

Land

Access Type Road Access
Acreage No
Sewer Municipal Sewage System
Size Frontage 76.0000
Size Total Text 1/2 - 1 Acre
Zoning Description R3

https://www.realtor.ca/real-estate/23011620/388-king-st-w-brockville-county-of-leeds

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