Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

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

None Hot Water Radiator Heat, Forced Air

$1,100,000

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:67947)

Property Details

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

https://www.realtor.ca/real-estate/30425009/8-10-12-george-street-brockville-810-brockville

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Bambi Marshall, RE/MAX Hometown Realty Inc

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.