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:55598)
- ON
- Elizabethtown-Kitley
- K0E1M0
- 20 MAIN STREET W
- MLS® X11899765
- Date Listed12/20/2024
- Days on Realty 4 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Subdivision 811 - Elizabethtown Kitley (Old Kitley) Twp
- Square Feet 3,000 sq. ft
- Price Per Sq. Ft $316.67
Interior Features
- Appliances Refrigerator, Stove
- Heating Baseboard Heaters
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Public • PK - 5
32.19 km
Distance
Public • PK - 5
32.19 km
Distance
St. John Bosco Catholic School
Public • PK - 5
32.19 km
Distance
Public • PK - 5
32.19 km
Distance
Thousand Islands Secondary School
Public • 6 - 12
32.19 km
Distance
Public • 6 - 12
32.19 km
Distance
Académie catholique Ange-Gabriel
Public • 9 - 12
32.19 km
Distance
St. Francis Xavier Catholic School
Private • PK - 5
20 km
Distance
Sales & Tax History
Source: Public Records
Street Address | Beds | Baths | Sold Date | List Price |
---|---|---|---|---|
388 Beales Mills Road, Athens ON K0E 1B0 | 3 | 1 | Nov 30, 2024 | $475,000 |
270 Spence Lane, Athens ON K0E 1B0 | 10 | 10 | Dec 07, 2024 | $8,800,000 |
625 Laurier Boulevard, Brockville ON K6V 6M3 | 3 | 3 | Dec 01, 2024 | $569,000 |
625 LAURIER BOULEVARD | 3 | 3 | Dec 05, 2024 | $569,000 |
9073 COUNTY RD 29 ROAD | 4 | 0 | Dec 17, 2024 | $649,900 |
3099 County 29 Road, Brockville ON K6T 1A2 | 4 | 3 | Dec 01, 2024 | $230,000 |
3320 COUNTY 27 ROAD | 4 | 3 | Dec 05, 2024 | $599,900 |
12 TEMPERANCE LAKE ROAD | 3 | 2 | Dec 07, 2024 | $765,000 |
77 NORTH AUGUSTA ROAD | 2 | 1 | Dec 05, 2024 | $400,000 |
49 ANN STREET | 4 | 2 | Dec 17, 2024 | $459,900 |
12/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
23/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 3/100, Transit Score: 0/100, Bike Score: 23/100.
Points of interest near 20 MAIN STREET W, Elizabethtown Kitley, ON K0E1M0
Lyn Valley Pond, Elizabethtown-Kitley, ON, Canada
Natural Recreation
0.52 km
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Lees Pond, Elizabethtown-Kitley, ON, Canada
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Lyn Valley Pond, Elizabethtown-Kitley, ON, Canada
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0.52 km
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Lees Pond, Elizabethtown-Kitley, ON, Canada
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3.97 km
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Elizabethtown Kitley Public Library - Lyn Branch, Elizabethtown-Kitley, ON, Canada
Education Entertainment
54 m
Distance
0.52 km
Distance
246 m
Distance
491 m
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Elizabethtown Kitley Public Library - Lyn Branch, Elizabethtown-Kitley, ON, Canada
Education Entertainment
54 m
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Frequently Asked Questions for 20 MAIN STREET W
Source: Realty.com
20 MAIN STREET W, Elizabethtown Kitley, ON K0E1M0 is a Multi Family, Residential Income property listed for $950,000 The property is 3000 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 27 photos of 20 MAIN STREET W.
The full address for this home is 20 MAIN STREET W, Elizabethtown Kitley, ON K0E1M0.
20 MAIN STREET W has been listed on Realty.com since Fri December 20, 2024
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 3/100, Transit Score: 0/100, Bike Score: 23/100.
Listing provided courtesy of:
EXP REALTY
(tel: (866) 530-7737)
Listing agent:
ANDREW ODOARDI
(tel: (866) 530-7737)
This content last refreshed on 2024-12-24 17:46:30. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 20 MAIN STREET W, Elizabethtown Kitley, ON K0E1M0 : MLS® X11899765