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David Johanns

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73 King ST E Brockville, ON K6V 1B2

5 Beds

3 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 810 - Brockville

MLS Listing ID X12279531

Style 2 1/2 Storey

Bedrooms 5

Building Age 100+

Annual Tax Amount $3,787

Tax Year 2024

Property Sub-Type Triplex

Property Description

Located in the heart of vibrant downtown Brockville, this fully tenanted triplex presents an excellent investment opportunity. Its prime location offers tenants easy access to restaurants, shopping, parks, and cafes, all within walking distance, making it highly desirable and supporting strong tenant retention. The property has undergone extensive updates over the past 11 years, ensuring modern functionality and tenant comfort while minimizing immediate maintenance costs. The triplex consists of two spacious 2-bedroom units and a 1-bedroom plus den walk-out basement apartment, generating a steady annual rental income of $42,000, with tenants responsible for hydro utilities. Each unit is well-equipped with a living room, kitchen, eating area, bathroom, and in-unit laundry. Additionally, a 438-square-foot loft above Unit 3, currently used for storage, features a kitchenette and bathroom with plumbing ready for connection, offering potential for additional living space or rental income. Significant upgrades to the property include drywall and insulation in all units, new interior doors, copper wiring with three electrical panels, updated plumbing, modernized flooring, bathrooms, kitchens, shingles, and many windows. These improvements enhance both the aesthetic appeal and functionality of the triplex. The landlord covers gas, water, and sewer ($4,880 annually), insurance ($4,042 annually), and property taxes ($3,787 annually). Two outdoor parking spots are included, with the landlord paying $400 annually for one additional parking spot. This well-maintained triplex, with its modern upgrades and prime downtown location, offers a compelling opportunity for investors seeking stable rental income and long-term value.

Location

Province ON

County Leeds And Grenville

Community 810 - Brockville

Area Leeds And Grenville

Zoning R3 General Residential

Rooms

Family Room Yes

Basement Walk-Out

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Separate Hydro Meter

Cooling None

Inclusions All attached light fixtures, 3 washers, 3 dryers, 3 fridges, 3 stoves.

Exterior

Exterior Feature Porch

Parking Features Available, Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 22.0

Lot Depth 100.0

Total Parking Spaces 2

Building

Foundation Unknown

Others

Senior Community No

Virtual Tour https://unbranded.youriguide.com/73_king_st_e_brockville_on/

Listed by RE/MAX RISE EXECUTIVES

David Johanns

Agent

+1(416) 436-3441

David Johanns

73 King ST E Brockville, ON K6V 1B2

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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73 King ST E

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