$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.
MLS# | X11895252 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 56 |
Listing Provided By | EXP REALTY | Not Provided |
SQ Feet | 3,207 |
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State | ON |
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County | Brantford |
City | Brantford |
Zip Code | N3S 3B1 |
Listing VS Median (in N3S 3B1) | |
Price: $1,049,900 low | high Med: $1,049,900 SqFt: 3,207 low | high Med: 3,207 $ / SqFt: $327 low | high Med: $327 On Site: 56 low | high Med: 56.000000 |