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$ 675,000
Est. payment | /mo
$ 675,000
Est. payment | /mo
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
Community 810 - Brockville
Area Leeds & Grenville
Region 810 - Brockville
City Region 810 - Brockville
Rooms
Family Room No
Interior
Cooling Unknown
Heat Source Electric
Exterior
Garage Spaces 10.0
Utilities Available Unknown
Roof Type Metal
Building
Story 2
Foundation Block, Concrete
Others
Security Features Unknown
Pets Allowed Unknown
Listed by HOME RUN REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "