Brockville, ON K6V1H3,134 PINE STREET
Brockville, ON K6V1H3,134 PINE STREET
Brockville, ON K6V1H3,134 PINE STREET
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$1,199,900
Est. payment /mo
15,963.19 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision 810 - Brockville

MLS® Listing ID X12552130

Lot Size 15963.190 Acres

Acres 15963.19

Source Rideau - St. Lawrence Real Estate Board

Property Description

Calling All Investors! Rare 6-Plex + Additional Lot with Approval for 8-Unit Build-Exceptional opportunity for savvy investors. This 6-unit residential income property can be financed as residential with select lenders, making acquisition more accessible and cost-effective. Bonus: The adjacent lot is included and is zoned to allow the construction of an 8-unit building, offering outstanding potential for future development and long-term portfolio growth. Located in a prime area, just a short walk to the St. Lawrence River and downtown amenities, this property attracts strong tenant demand. Property Features-Six total units: Five (5) two-bedroom units and one (1) one-bedroom unit - Ample parking is available for tenants. Most tenants pay their own hydro (5 out of 6). Four units are currently tenant-occupied, and 1 unit is for the owner (who will be renting it out shortly), providing immediate rental income. Strong rental area with high walkability and proximity to waterfront, shops, and services. This is a rare chance to secure a cash-flowing multi-unit property with built-in development potential. Perfect for investors seeking both stable income and future expansion opportunities. All tenants are month-to-month. 2 units are ready to be rented. Property Taxes - $5465.12 a year, Heat - approx. $3000.00 - hot water gas, Hydro - approx. $1400.00, Insurance - $3200.00 a year, Water and Sewage - approx. $1900.00. Total expenses for the year approximately $14,965.12. Laundry income approximately 800-900 a year (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Hot water radiator heat

Cooling None

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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