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). |
Price | $775,000 |
Taxes: | $7400.00 |
Occupancy by: | Owner |
Address: | 35 JOHN St , Brockville, K6V 5A6, Ontario |
Postal Code: | K6V 5A6 |
Province/State: | Ontario |
Legal Description: | LT 6-7 BLK 34 PL 67; PT LT 5, 8 BLK 34 P |
Lot Size: | 90.00 x 114.00 (Feet) |
Directions/Cross Streets: | intersection of John St and King StWest |
Category: | Apartment |
Insurance Expense: | $0 |
Water Expense: | $0 |
Gross Income/Sales: | $0 |
Net Income Before Debt: | $0 |
Heat Type: | Baseboard |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
HOME RUN REALTY INC. |
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Type: | Com - Investment |
Area: | Leeds & Grenville |
Municipality: | Brockville |
Neighbourhood: | 810 - Brockville |
Lot Size: | 90.00 x 114.00(Feet) |
Tax: | $7,400 |