Attention to all investors!! An UNIQUE and rare RE-DEVELOPMENT/ RENOVATION opportunity! This 90’ x 114’ Lot with Commercial Structures has lots of potential and ready for you to RE-DEVELOP. This property is located right at the busy historic downtown of Brockville, with great investment purposes, no matter for rent, doing flip or re-building from scratch. For renting purposes: The structure at the right of the lot had been fully renovated, offering FOUR 1-bedroom units with appliances. All 4 units are rented, producing $4,800 monthly, all comes with separate electric, water & gas lines. For renovation: Potential of adding 2 more units for extra income, also comes with separate electric, water & gas lines. The structure at the back and at the right may need extensive upgrades or renovation for future commercial use. For re-development: Potential for demolished and rebuilt a condo/apartment/large commercial. (City may support the redevelopment. Buyers do their own due diligence). (id:37072)
MLS® Number | 1391341 |
Property Type | Multi-family |
Neigbourhood | Historic Brockville |
ParkingSpaceTotal | 10 |
ExteriorFinish | Brick, Siding, Concrete |
FoundationType | Block, Poured Concrete |
HeatingFuel | Electric |
HeatingType | Baseboard Heaters |
StoriesTotal | 2 |
UtilityWater | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
SizeDepth | 114 Ft |
SizeFrontage | 90 Ft |
SizeIrregular | 90 Ft X 114 Ft |
SizeTotalText | 90 Ft X 114 Ft |
ZoningDescription | Mb |
https://www.realtor.ca/real-estate/26873643/35-john-street-brockville-historic-brockville
Contact us for more information
Eugine Wong
Salesperson
Jessica Li
Broker