Cash-Flowing Semi-Detached Triplex with stable income

Cash-Flowing Semi-Detached Triplex with stable income

49 Wall Street Brockville, Ontario
$ 630,000
93%walk
Walker's Paradise
68%bike
Bikeable
N/Atransit
N/A

Description

Located in the heart of downtown Brockville, this semi-detached triplex, currently utilized as a fourplex, is a turnkey investment generating a stable gross income of approximately $3,800/month. Zoned R4 and extensively renovated, the property offers a reliable and low-maintenance opportunity for investors. The layout includes two units in the basement, two units on the first floor with separate entrances and potential for further division, and one shared unit on the second floor. Most tenants receive government subsidies, with oversight provided by the OPGT, ensuring consistent income.

General Information

  • Category
    Commercial
  • Listing Type
    Sale
  • Listing Sub Type
    Exclusive Listings/Off Market
  • Property Type
    Multifamily
  • Age Of Building
    100+ Year
  • Ownership Status
    Freehold
  • Occupancy
    Tenant
  • Owner Financing
    None

Price Details

Cap Rate
5-6%

Other Features

Number Of Rental Units
5
Value Add
Rents Below Market Value
Environmental Assessment
0
image
Professional
Kirill Perelyguine
Commercial Real Estate Broker/Agent
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