94 King Street W Brockville, Ontario K6V 3P9

5,678 sqft

$1,625,000

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. (id:50787)

Property Details

MLS® Number 40825868
Property Type Other
Amenities Near By Public Transit
Community Features High Traffic Area
Parking Space Total 5

Building

Basement Type None
Stories Total 3
Size Exterior 5678.0000
Size Interior 5,678 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Frontage 50 Ft
Size Total Text Under 1/2 Acre
Zoning Description Md

https://www.realtor.ca/real-estate/29679525/94-king-street-w-brockville

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