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$ 1,049,900
Est. payment | /mo
3,207 SqFt
$ 1,049,900
Est. payment | /mo
3,207 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,207 sqft
Price per Sqft $327
Municipality Brantford
MLS Listing ID X11895252
Annual Tax Amount $4,597
Tax Year 2023
Property Description
$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.
Location
Province ON
County Brantford
Area Brantford
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Depth 64.0
Listed by EXP REALTY
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