20 Main St W

Elizabethtown-Kitley | 811 - Elizabethtown Kitley (Old Kitley) Twp | K0E 1M0
  • 3000.0 sqft
  • 0 gar

$950,000

Est. Mtg $3,221 /mo
  • Days on market

    107

  • Status

    A

Listing Broker EXP REALTY
Since listed: 1 views

Home details

MLS #:

X11899765

Property type:
Investment
Style:
Taxes:
$1,890
Possession:
TBD
Condo Fee:
Lot Size:
0.0 X 0.0
Zoning:
Multiplex
Use:
Heat:
Baseboard

Description


20 Main St W, , Elizabethtown-Kitley, Ontario is a Investment property in Elizabethtown-Kitley and in the 811 - Elizabethtown Kitley (Old Kitley) Twp community in the K0E 1M0 postal code


Exceptional Fourplex Investment Opportunity with a Strong 7% Cap Rate at Entry!Located just outside of Brockville, this recently renovated 4-unit property presents an excellent investment opportunity. Two units are currently leased at market rent, while the other two are vacant and ready for immediate leasing. The unit mix includes two spacious three-bedroom units and two large two-bedroom units, split between upper and lower levels.Each unit has been thoughtfully renovated, featuring new flooring, modern kitchens, updated bathrooms, and fresh touch-ups throughout. Significant capital improvements have been made, including brand-new windows, upgraded baseboard electric heating systems, and new siding being installed on the rear of the building this spring. Additionally, two decks and fire escapes have been replaced, and the property boasts a durable 10-year-old metal roof.With an estimated 6-7% cash-on-cash return in the first year, this property offers a fantastic opportunity for both owner-operators looking to reduce living costs and investors seeking a turnkey rental operation. Dont miss out on this prime investment opportunity!.

Extras

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Payment calculator

$3378 monthly. In association with: TD Bank
%
  • Principal and Interest
    3221 /mo
  • Property Taxes
    $157 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Raymond Chin, Realtor

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