$ 699,000
162 Chatham ST Brantford, ON N3S 4G4
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$ 699,000
Est. payment /mo
Price Dropped by $50K
162 Chatham ST Brantford, ON N3S 4G4
5 Beds
4 Baths
UPDATED:
11/20/2024 09:30 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
MLS Listing ID X9392982
Style 3-Storey
Bedrooms 5
Annual Tax Amount $5,357
Tax Year 2024
Property Description
A Great Investment Opportunity! This impressive property has approximately 4,251sq.ft. above-grade plus a finished basement and there is a detached garage that offers the potential for an additional residential unit. Unit 1 features 4 bedrooms, 2 bathrooms, a covered front porch, large room sizes with a huge living room and dining room with pocket doors, a big eat-in kitchen, in-suite laundry, and a finished basement that has a recreation room and plenty of storage space. Unit 2 is currently vacant so you can set your own rent, and the new tenant can pay their proportionate share of the utilities based on square footage of the unit as per Ontario Regulation 349 and this unit offers 2 huge bedrooms, hardwood flooring, a big eat-in kitchen, in-suite laundry, and a 4pc. bathroom. Unit 3 has 2 large bedrooms, a bright living room with laminate flooring, a gas fireplace, another big eat-in kitchen, in-suite laundry, and a 4pc. bathroom. The 206 x 184 detached garage in the backyard could be rented as well but it also has the potential to be converted into an additional residential unit. The deck and fully fenced backyard space are shared by all tenants. This solid brick property has a fire escape, a new gas boiler was installed in October 2022, the character and charm of high ceilings and 10 baseboards, hardwood flooring and laminate flooring, on-demand water heater, large room sizes, and more. An excellent investment opportunity that generates more than $65,000 in annual rental income . Book a showing before it's gone!
Location
State ON
County Brantford
Rooms
Family Room No
Basement Full, Finished
Kitchen 3
Separate Den/Office 3
Interior
Interior Features Water Softener, On Demand Water Heater
Cooling Other
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Porch, Deck
Garage Private Double
Garage Spaces 5.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Total Parking Spaces 6
Building
Unit Features School,Place Of Worship,Park,Fenced Yard
Foundation Stone
Listed by RE/MAX TWIN CITY REALTY INC.