REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Isaac Rosebrugh

isaac@inspiredbroker.com +1(519) 754-6611

Listed by Terry Summerhays • Re/Max Twin City Realty Inc

$649,900

Est. payment - /mo

10 Beds

4 Baths

3,941 SqFt

Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 3,941 sqft

Price per Sqft $164

MLS Listing ID 40827612

Bedrooms 10

Abv Grd Liv Area 3,941

Year Built 1900

Annual Tax Amount $6,141

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Multi-4 Unit

Source Brantford

Property Description

Build Wealth with this High-Performing Income Property! An impressive all-brick fourplex sitting on a 0.25 of an acre lot with over 80 feet of frontage, a 44'6” x 28'6” detached garage/workshop, a wraparound covered front porch, and plenty of parking. This outstanding 3,941sq.ft. income-producing powerhouse generates over $100,000 in annual rental income and a fantastic 12.27% cap rate. The rental income is as follows: Basement Unit: $1,350/month + hydro; Main Floor Unit: $2,200/month all-inclusive; 2nd Floor Unit: $2,750/month all-inclusive; Attic Unit: $1,500/month + hyrdo(tenant recently vacated and it was left vacant by the current owner so the new owner can choose their own tenant and rent at the market rate). The financials for the property are attached to the MLS listing for your realtor to access for you and a copy is also available upon request. Whether you're growing your portfolio or purchasing your first investment property, this fourplex offers a cash-flow opportunity that rarely becomes available. Don't miss out on this lucrative investment property! Book a viewing today!

Location

Province ON

County Brantford

Area 2040 - Terrace Hill/E & N Wards

Zoning NLR (F9 A270 C40)

Direction Clarence Street/ Nelson Street

Rooms

Other Rooms Shed(s), Workshop

Basement Walk-Up Access, Full, Partially Finished

Kitchen 0

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Refrigerator, Stove

Laundry None

Exterior

Parking Features Detached Garage, Gravel

Garage Spaces 3.0

Fence Fence - Partial

Roof Type Asphalt Shing

Porch Porch

Lot Frontage 82.5

Lot Depth 132.0

Garage Yes

Building

Lot Description Rectangular, Park, Public Transit, Quiet Area, Schools, Shopping Nearby

Faces Clarence Street/ Nelson Street

Story 3

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 321370271

Ownership Freehold/None

Virtual Tour https://171nelsonstreet.com/

Read Less Info

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Isaac Rosebrugh

+1(519) 754-6611

REALTOR®

171 Nelson Street Brantford, ON N3S 4B7

Isaac Rosebrugh

Key Details

Location

Rooms

Interior

Exterior

Building

Others