Homes for sale - 73 KING STREET E, Brockville, ON K6V1B2

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Harman Powar

harmanpowarcentury21@gmail.com +1(403) 978-7332

$ 499,900

Est. payment | -/mo

5 Beds

3 Baths

1,500 SqFt

Save Virtual Tour

$ 499,900

Est. payment | -/mo

Save Virtual Tour

5 Beds

3 Baths

1,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $333

Subdivision 810 - Brockville

MLS® Listing ID X12279531

Bedrooms 5

Source Rideau - St. Lawrence Real Estate Board

Property Description

Located in the heart of vibrant downtown Brockville, this fully tenanted triplex presents an excellent investment opportunity. Its prime location offers tenants easy access to restaurants, shopping, parks, and cafes, all within walking distance, making it highly desirable and supporting strong tenant retention. The property has undergone extensive updates over the past 11 years, ensuring modern functionality and tenant comfort while minimizing immediate maintenance costs. The triplex consists of two spacious 2-bedroom units and a 1-bedroom plus den walk-out basement apartment, generating a steady annual rental income of $42,000, with tenants responsible for hydro utilities. Each unit is well-equipped with a living room, kitchen, eating area, bathroom, and in-unit laundry. Additionally, a 438-square-foot loft above Unit 3, currently used for storage, features a kitchenette and bathroom with plumbing ready for connection, offering potential for additional living space or rental income. Significant upgrades to the property include drywall and insulation in all units, interior doors, copper wiring with three electrical panels, updated plumbing, modernized flooring, bathrooms, kitchens, shingles, and many windows. These improvements enhance both the aesthetic appeal and functionality of the triplex. The landlord covers gas, water, and sewer ($4,880 annually), insurance ($4,042 annually), and property taxes ($3,787 annually). Two outdoor parking spots are included, with the landlord paying $400 annually for one additional parking spot. This well-maintained triplex, with its modern upgrades and prime downtown location, offers a compelling opportunity for investors seeking stable rental income and long-term value. (id:24570)

Location

State ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 2.61 m X 2.49 m Bathroom

Extra Room 2 Second level 4.22 m X 3.93 m Living room

Extra Room 3 Second level 3.18 m X 3.46 m Kitchen

Extra Room 4 Second level 3.15 m X 4.51 m Bedroom

Extra Room 5 Second level 3.13 m X 2.65 m Bedroom 2

Extra Room 6 Third level 3.59 m X 6.67 m Loft

Interior

Heating Radiant heat

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

Others

Virtual Tour https://youriguide.com/73_king_st_e_brockville_on/

Listed by RE/MAX RISE EXECUTIVES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 978-7332

harmanpowarcentury21@gmail.com

3009 23 St NE, Calgary, AB, CAN

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73 KING STREET E Brockville, ON K6V1B2