8-10-12 George Street, Brockville, Ontario K6V 3V4

Listed for:
$1,100,000
9 beds
6 baths
Listed 25 days ago
Other for rent: 8-10-12 George Street, Brockville, Ontario K6V 3V4

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About

Cross Streets: Buell and George St. ** Directions: Take Exit 396 and head south on Stewart Blvd. Once you go over the train overpass, you will come to a light and keep heading south. Third Street to the right is George, and the units are located on the right-hand side of George St. 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 notice for all showings. (id:27476)

Property Highlights

MLS® Number
X14099842
Type
Multi-family
Community Name
810 - Brockville
Land Size
71.8 FT
Parking Space Total
2

Building

Building Type
Other
Storeys
1.50
Square Footage
3500 - 5000 sqft
Bathrooms Total
6
Bedrooms Above Ground
9
Bedrooms Total
9
Exterior Finish
Stucco
Fireplace Present
No
Basement Type
Crawl space
Basement Features
Building Heating Type
Baseboard heaters, Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
RE/MAX HOMETOWN REALTY INC
MLS® number:
X14099842
Agent:
Bambi Marshall
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