$1,499,900
Apartment
94 KING STREET W
Brockville, Brockville K6V3P9
No obligation In-Person or Video Chat Tour
Beds · 0
Baths · 0.0
Sqft · 5678
Description
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 ma...y 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. (id:10452)
General
Type
Apartment
Style
-
Year Built
-
Square Footage
5678 sqft
Taxes
-
Maintenance Fee
-
Listing courtesy of:
REAL BROKER ONTARIO LTD.
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