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$1,049,900
Status: For Sale
$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability.
| Property Type | :Residential |
|---|---|
| MLS Number | :X11895246 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :17 Dec, 2024 (5 Days ago) |
| Source | :TRREB |
| Area | :Brantford |
|---|---|
| Postal Code | :
N3S 3B1
|
| Price | : $1,049,900 |
|---|---|
| Property Taxes | :$4597.00 |
| Tax Year | :2023 |
|---|
| Bedrooms | :7 + |
|---|---|
| No. of Rooms | :19 |
| Air Conditioning | :Other |
| Heating | :Heat Pump |
| Place of Worship | :No |
| Cross Street | :Corner of Mary and Peel |
| Bathrooms | :4 |
|---|---|
| Fuel | :Electric |
| Fireplace/Stove | :No |
| Living | :0.00 m x 0.00 m |
|---|---|
| Kitchen | :0.00 m x 0.00 m |
| Living | :0.00 m x 0.00 m |
| Kitchen | :0.00 m x 0.00 m |
| Office | :0.00 m x 0.00 m |
| Dining | :0.00 m x 0.00 m |
| Dining | :0.00 m x 0.00 m |
|---|---|
| Br | :3.04 m x 3.04 m |
| Dining | :0.00 m x 0.00 m |
| Br | :0.00 m x 0.00 m |
| Living | :0.00 m x 0.00 m |
| Kitchen | :0.00 m x 0.00 m |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :8 |
| Basement | :Full |
| Garage | :None |
|---|
17 Dec, 2024
TREB #X11895246
Listed
$1049900.0
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