Attention to all investors!! An UNIQUE and rare RE-DEVELOPMENT/ RENOVATION opportunity! This 90’ x 114’ Lot with Commercial Structures has lots of potential and ready for you to RE-DEVELOP. This property is located right at the busy historic downtown of Brockville, with great investment purposes, no matter for rent, doing flip or re-building from scratch. For renting purposes: The structure at the right of the lot had been fully renovated, offering FOUR 1-bedroom units with appliances. All 4 units are rented, producing $4,800 monthly, all comes with separate electric, water & gas lines. For renovation: Potential of adding 2 more units for extra income, also comes with separate electric, water & gas lines. The structure at the back and at the right may need extensive upgrades or renovation for future commercial use. For re-development: Potential for demolished and rebuilt a condo/apartment/large commercial. (City may support the redevelopment. Buyers do their own due diligence). (id:47421)
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