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8-10-12 George Street
homes for sale · Brockville
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$1,100,000

8-10-12 George Street

Brockville · MLS® X14099842

962

House · Multi-family · 4 days on market

listed by Bambi Marshall, RE/MAX HOMETOWN REALTY INC

realtor's description

Calling all investors! Looking for a great investment property with plenty of potential for future income growth and a convenient location? Be sure to check out this well-maintained 6-unit building featuring three 2-bedroom units, three 1-bedroom units and a 2-car garage!This property has seen numerous updates over the years, making it an attractive addition to any investment portfolio. Five of the six units have been updated, with only one remaining, offering an opportunity to add further value. Other improvements include updated furnaces, with a portion of the roof scheduled to be replaced this year.One of the great advantages of this investment is the expense structure! All tenants pay their own heat and hydro, while the landlord is responsible for the water for all six units, along with property taxes, insurance and ongoing maintenance. This helps keep operating expenses manageable while providing the opportunity for future rental income growth.Whether you're an experienced investor looking to expand your portfolio or just getting started in real estate investing, this property offers six income-producing units, numerous improvements already completed and potential for increased returns over time.Located in a convenient area close to everyday amenities, this is an investment opportunity worth exploring. Additional information on the units, rental income and operating expenses is available for serious buyers.Don't miss your chance to add this 6-unit property to your investment portfolio. Invest today and explore the potential for tomorrow! 24 hours notice for all showings.

property details

type
House, Multi-family
bedrooms
9
bathrooms
6
parking
2
property tax
$5,495 / yr
days on market
4
MLS®
X14099842

features

  • Irregular lot size

monthly cost

$5,251/mo
Mortgage $4,793 · Tax $458

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$4,793/ monthly
loan $880,000
25-year amortization
total interest
$557,778
cash to close
$220,000
down payment; transfer tax and fees not included
total paid
$1,437,778

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Bambi Marshall
RE/MAX HOMETOWN REALTY INC
call Bambi · 613-498-6393
Powered by: REALTOR.ca
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location

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location

BrockvilleGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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