6 FAIRKNOWE DRIVE
$2,650,000
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.