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Renanza Realty
For sale

8-10-12 GEORGE STREET

Brockville, Ontario

MLS® X14099850

$1,100,000

Status
Active
Property type
Multi-family
MLS® number
X14099850
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

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.

Property summary

MLS® number
X14099850
Property type
Multi-family
Building type
Multi-Family
Land size
Bldg=71.8 FT
Annual property taxes
$5,495.00
Days on market
13 days

Features & details

Heating
Hot water radiator heat, Forced air, Natural gas
Cooling
None

What would this home cost you?

Based on the $1,100,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,118 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX HOMETOWN REALTY INC, BROCKVILLE.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.