$1,990,000

About this property

A rare plug-and-play investment opportunity with virtually no hassle! Welcome to 1115 Millwood Avenue in Brockville, a 4-unit townhouse development, built just 4 years ago, that offers an exceptional combination of quality, location, and reliable income. Set in a beautiful creekside location, the property provides a peaceful residential environment while remaining conveniently walkable to 1000 Islands Mall and nearby amenities. All four units are occupied by long-term, established tenants who have transitioned from homeownership to a maintenance-free rental lifestyle, making this a stable, low-turnover investment. Current rents range from $3,000 to $3,500 per month, generating an approximate net income of $120,000 per year before debt servicing. For investors seeking a well-maintained, income-producing property with minimal day-to-day involvement, this is a compelling opportunity. Note: photos included are of an interior unit. (id:66946)

Features