73 King ST E new Save Request In-Person Tour Request Virtual Tour
Brockville,ON K6V 1B2
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 810 - Brockville
MLS Listing ID X12279531
Style 2 1/2 Storey
Bedrooms 5
Building Age 100+
Annual Tax Amount $3,787
Tax Year 2024
Property Sub-Type Triplex
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, new 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.
Location
Province ON
County Leeds And Grenville
Community 810 - Brockville
Area Leeds And Grenville
Rooms
Family Room Yes
Kitchen 3
Interior
Cooling None
Exterior
Exterior Feature Porch
Parking Features Available,Private
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Building
Foundation Unknown
Others
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