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$775,000
Est. payment /mo
UPDATED:
11/12/2024 02:03 AM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9515244
Annual Tax Amount $7,400
Tax Year 2023
Property Description
Attention to all investors!! An UNIQUE and rare RE-DEVELOPMENT/ RENOVATION opportunity!
This 90’ x 114’ Lot with Commercial Structures has lots of potential and ready for you to RE-DEVELOP.
This property is located right at the busy historic downtown of Brockville, with great investment purposes, no matter for rent, doing flip or re-building from scratch.
For renting purposes: The structure at the right of the lot had been fully renovated, offering FOUR 1-bedroom units with appliances. All 4 units are rented, producing $4,800 monthly, all comes with separate electric, water & gas lines.
For renovation: Potential of adding 2 more units for extra income, also comes with separate electric, water & gas lines. The structure at the back and at the right may need extensive upgrades or renovation for future commercial use.
For re-development: Potential for demolished and rebuilt a condo/apartment/large commercial. (City may support the redevelopment. Buyers do their own due diligence).
This 90’ x 114’ Lot with Commercial Structures has lots of potential and ready for you to RE-DEVELOP.
This property is located right at the busy historic downtown of Brockville, with great investment purposes, no matter for rent, doing flip or re-building from scratch.
For renting purposes: The structure at the right of the lot had been fully renovated, offering FOUR 1-bedroom units with appliances. All 4 units are rented, producing $4,800 monthly, all comes with separate electric, water & gas lines.
For renovation: Potential of adding 2 more units for extra income, also comes with separate electric, water & gas lines. The structure at the back and at the right may need extensive upgrades or renovation for future commercial use.
For re-development: Potential for demolished and rebuilt a condo/apartment/large commercial. (City may support the redevelopment. Buyers do their own due diligence).
Location
Province ON
County Leeds & Grenville
Zoning MB
Rooms
Family Room No
Basement Unfinished
Interior
Cooling Unknown
Exterior
Pool None
Utilities Available Unknown
Roof Type Metal
Parking Type Unknown
Building
Foundation Block, Concrete
Others
Security Features Unknown
Pets Description Unknown
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Listed by HOME RUN REALTY INC.