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$ 1,049,900
Est. payment /mo
Active
44 Mary ST Brantford, ON N3S 3B1
7 Beds
UPDATED:
08/19/2024 08:35 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9260877
Style 2-Storey
Bedrooms 7
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
State ON
County Brantford
Rooms
Family Room No
Basement Full, Partially Finished
Kitchen 4
Interior
Interior Features Water Heater Owned
Cooling Other
Fireplace No
Heat Source Electric
Exterior
Garage Private
Garage Spaces 8.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Total Parking Spaces 8
Building
Foundation Concrete, Stone
Listed by EXP REALTY