$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. |
Extras: Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle. |
Price | $1,049,900 |
Taxes: | $4597.00 |
Address: | 44 Mary St , Brantford, N3S 3B1, Ontario |
Lot Size: | 92.00 x 64.00 (Feet) |
Directions/Cross Streets: | Corner of Mary and Peel |
Rooms: | 19 |
Bedrooms: | 7 |
Bedrooms +: | |
Kitchens: | 4 |
Family Room: | N |
Basement: | Full, Part Fin |
Approximatly Age: | 100+ |
Property Type: | Fourplex |
Style: | 2-Storey |
Exterior: | Brick |
Garage Type: | None |
(Parking/)Drive: | Private |
Drive Parking Spaces: | 8 |
Pool: | None |
Approximatly Age: | 100+ |
Fireplace/Stove: | N |
Heat Source: | Electric |
Heat Type: | Heat Pump |
Central Air Conditioning: | Other |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Book Showing | Email a Friend |
Type: | Freehold - Fourplex |
Area: | Brantford |
Municipality: | Brantford |
Style: | 2-Storey |
Lot Size: | 92.00 x 64.00(Feet) |
Approximate Age: | 100+ |
Tax: | $4,597 |
Beds: | 7 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |