47 James Street East, Brockville, ON, K6V 1K5
This is a great triplex to start your investment portfolio.
This is a great triplex to start your investment portfolio. Unit 1 is 2 beds, 1 bath unit and is currently vacant and could easily rent for 1750.00 plus and pay their own hydro and water .. Tenant in unit 1 was using the driveway and back yard. Unit 2 is 1 bed, 1 bath and tenant is currently paying 725.00 all inclusive and has been there for over 14 years. Unit 3 is a 1 bed, 1 bath unit and is currently vacant and could easily rent for 1100.00 plus utilities or live in this unit and have the tenants help pay your mortgage. There are 3 hydro meters and 3 water meters, 3 Gas Hot Water Heaters and rentals (2 replaced in 2017 and the 3rd in 2020) so only one gas meter, tenant that lived in unit 1 was doing snow removal and grass cutting. This property is all within walking distance to downtown, restaurants, shopping and waterfront. tenant in unit 2 is Month to Month. Please allow 24 hours for all showings and check out the 3d and floor plans. Heat included for all units(1326.00 for the year).
Unit 1 is vacant could be 1850.00 plus hydro and water-heat included
Unit 2 – 1 bed, 1 bath and tenant pays 725.00 all inclusive
Unit 3 is vacant and could be 900-1100 plus hydro, water and heat included
With all inclusive was $9667.28 – income after expenses 32,032.72
With only the 1 tenant in unit 2 all inclusive approx $7100.00 – income after expenses 34,600.00
Taxes – $2150.04 – 2022
Heat – $1326.00
Hydro – $2685.48 – this amount can change if unit 1 and 3 pay their own hydro ( Tenant in unit 2 yearly hydro is approx 850.00)
Water/Sewer – $1615.80 -This amount can change if unit 1 and 3 pay their own water(Tenant in unit 2 yearly water would approx 850.00)
Insurance – $1890.00
Directions – Taking the highway 401 eastbound, take exit 696 onto Stewart Boulevard. Turn right onto Stewart Boulevard. Turn left onto Pearl Street West and then right onto Garden Street. Turn left onto James Street East. Your destination is on the right.
Exclusions – Tenant’s belongings
Updates – Roof 2010, Garage roof 2017, Boiler 2007 – Unit- 1 – freshly painted, new flooring in bath, 2 beds,kitchen door handles, light fixtures, Unit-3, freshly painted, shower surround and carpet shampooed
Lease is month to month.