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20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley
  • 20 MAIN STREET W Elizabethtown-Kitley

20 MAIN STREET W, Elizabethtown-Kitley, Ontario

$950,000

  • 3,000 Square Feet

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! (id:23309)

  • Listing ID: X11899765
  • Property Type: Multi-family
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Details

  • Transaction: For sale
  • Zoning Description: Multiplex

Building

  • Appliances: Refrigerator, Stove
  • Fireplace Present: False
  • Heating: Baseboard heaters
  • Size Interior: 3000 sqft
  • Type: Multi-Family

Land

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 20 MAIN STREET W in Elizabethtown-Kitley Ontario. It was last modified on December 22nd, 2024. Contact Jim Chu to schedule a viewing or to discover other Elizabethtown-Kitley real estate for sale.

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