6 FAIRKNOWE DRIVE

$2,650,000

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Multi-family
$2,650,000
13 Parking Spaces

ATTENTION INVESTORS – Don’t miss out on this great opportunity for positive cash flow sitting on 3/4 of an acre! Historic Apartment Building located in the Heart of Brockville – FULLY-OCCUPIED 14 unit (4 x 1bdrm, 9 x 2bdrm, 1 x 3bdrm) situated on a massive 172′ ft. x 184′ ft. lot! Located only 4 blocks from the St Lawrence River and close to Downtown. Brockville is a BOOMING Thousand Islands tourist town, making it a great rental location that is well populated with lots of amenities. 13 of the 14 total units have their own hydro and water meter. Tenants pay for laundry. Plenty of parking available, parking is paid by tenants. Shared backyard offers play area for children. UPDATES: two Gas boiler Furnaces 2008, Windows are older with added storm screens and Different Roofs are between 1-25 yrs old, various updates inside the units. GROSS INCOME: $177938.40 – EXPENSES: $48,804.82 = $129,133.58 NOI. (id:13118)

Essential Information

Price:
$2,650,000 
Year Built:
1900
Total Bedrooms:
-
Total Bathrooms:
0
Half Baths:
0
Property Type:
Multi-family
Basement:
-
Transaction:
For sale

Property Specifications

Parking Spaces:
13
Maintenance Fees:
 
Heating:
Radiant heat
Cooling:
Window air conditioner
Fireplace Type:
-

Listing Details

Last Updated:
Jul 27, 2022 
Listing Office:
AVENUE NORTH REALTY INC.

Neighbourhood Amenities