87-93 King St W

Brockville K6V 3R1

$2,300,000

About the Property

7% cap rate with potential for better! River view! Renovated 4-story, 14-unit apartment building of a total 10,000sqf. Two main-level commercial units of approx 1000 sq ft & 1800 sq ft. Run your own business for retail / doctor office/ restaurants / banks. In one of best locations in Core Downtown Brockville. Immediately opposite to CIBC bank, short walk to tall ships, tourist rail tunnel, city hall, banks, restaurants and river. Most windows 2017 to 2020, roof 2020. Natural gas boiler heating system. Half of units recently renovated with new flooring, kitchen & baths. 4 parking, security cameras, led lights in the renovated units. Laundry in building. VTB Available.

Extra info

VTB available. 14 units multiple residential with turnkey operations, great income, large upside potential, 12 residential and 2 commercial units.

Property Details

Property Type:

Apartment

Land Size:

49.85 x 111.30 FT

Water Included:

Municipal

Garage Type:

None

Annual Property Taxes:

$28,889.42

Cross Street:

King St W & Apple St.

Freestanding:

Y

Status:

Sale

Use:

Apts-13 To 20 Units

Listing ID:

X8094148

Price History

Date

26th February 2024

Event

Listed for Sale

Price

$2,300,000

Time On Market

1 month

Harpreet Rakhra

Get More Information

    Near by Properties

    Harpreet Rakhra

    Get More Information