!!2 FOR 1 DEAL!! Both Sides of a Semi-Detached Available in Brockville!! Assigned

  • $280,000
  • 3 beds
  • 4 baths
Assigned

An excellent price point for your next real estate investment — acquire both sides of this semi-detached property for the price of one!! Centrally located in Brockville and near all local amenities, these 2 semi-detached units each offer 3 bedrooms and 2 bathrooms. The units offer the Investor the ability to own both or to split them, as they are both currently on the same title but could eventually be made into separately owned units with the proper paperwork (Buyer to verify). This opens a wide range of options, such as: renting out both units, living in one and renting the other as a house hack, or selling one of them and paying down the other to create instant cash flow by renting. This is one property that you will not want to miss!!

We are selling our assignable purchase contract.
Closing is March 3rd, 2022
**As per our APS, the Buyer agrees to assume the current tenants.**
PROPERTY FEATURES
Please note: This property is a semi-detached house, with both sides under one ownership. Both sides are currently tenant-occupied, and the Buyer is obligated to assume the current tenants upon closing. Both sets of tenants have been living in the property for a few years now, and they would like to stay living in the property.Property A 

  • Rent: $790/month+ utilities, on a month-to-month lease (as per Seller)
  • 2-storeys
  • 3 bedrooms
  • 2 full bathrooms
    • 3-piece bathroom located on the main floor
    • 4-piece ensuite located on the second floor
  • Built in 1900 (renovated in 1985, as per MPAC)
  • Above grade: 1492 sq ft (as per MPAC)
  • Crawl space: 746 sq ft (as per MPAC)
  • Flooring: vinyl, wood
  • 100 AMP breaker panel
  • Gas furnace is older (exact age is unknown, as per Seller)
  • HWT is rented (as per Seller)
  • No central AC
  • 1 parking space is allocated to this semi

Property B

  • Rent: $684/month+ utilities, on a month-to-month lease (as per Seller)
  • 1.75-storeys
  • 3 bedrooms
  • 2 bathrooms
    • 2-piece bathroom located on the first floor
    • 4-piece bathroom located on the second floor
  • Built in 1900 (renovated in 1985, as per MPAC)
  • Above grade: 1083 sq ft (as per MPAC)
  • Crawl space: 645 sq ft (as per MPAC)
  • Flooring: vinyl, wood
  • 100 AMP breaker panel
  • Gas furnace was replaced in 2021 (as per Seller)
  • HWT is rented (as per Seller)
  • No central AC
  • No parking

ADDITIONAL PROPERTY FEATURES

  • Windows in both properties are older (exact age is unknown, as per Seller)
  • Roof was partially updated in 2017, and the remainder was updated in 2019 (as per Seller)
  • Backyard is divided and is separated by a fence
    • Deck and fencing in both backyards were replaced in 2018 (as per Seller)
  • On municipal services
  • Lot size: 50 ft x 100 ft (as per MPAC)
  • Zoning: R2 (as per MPAC)

PROPERTY NEEDS

  • Full cosmetic update

 

Please click HERE for more pictures and information.
Price:
$280,000
Address:
N Augusta Rd & King St E
Brockville, ON
Lot Size:
50 ft x 100 ft
Bedrooms:
3
Bathrooms:
4
Terms:
Assignment of Contract
Property Type:
Other
Year Built:
1900
Basement:
Crawl Space

Call 647-370-0820 for more details

Property Location