94 King Street W, Brockville, ON K6V 3P6

Brockville K6V 3P6 Ontario

MLS: X13061956

$1,625,000

Added 1 hour ago | For Sale

Listed by: RE/MAX ESCARPMENT REALTY INC., BROKERAGE

About Property

Cento Capital Presents the King West Lofts at a 7% Cap - Turnkey mixed-use investment opportunity in the heart of Brockville at 94 King St W. This well-maintained asset features 8 total units including 5 residential and 3 commercial, generating a strong net operating income of $113,962.66. Seller may be open to a VTB / Seller Financing. Experienced property management and trusted contractor team in place, offering seamless continuity and added value for the new owner. The property benefits from recent capital improvements two completely new units to the studs, one renovated unit, updated rear siding, newer windows in rear units, reducing near-term expenses. All five residential units include in-suite laundry, supporting tenant retention and rental growth. The commercial component is anchored by established tenants including one occupant of over 50 years, providing exceptional income stability. Additional value includes 5 on-site parking spaces in a desirable downtown location. Ideal for investors seeking consistent cash flow, reliable tenancy, and a proven income-producing asset. Tenants pay own Hydro. Landlord pays water. No Gas.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 50 X 91.4
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Between Buell St. and Court House Ave.
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $12390.62
  • Bedrooms:
  • Total Parking Spaces:5
  • Parking Places:5
  • Heating Type:Baseboard
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X13061956

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