44 Mary Street , Brantford, ON N3S 3B1
Brantford, ON N3S 3B1
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.
Details
| MLS# | 40634770 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 53 |
| Listing Provided By | EXP REALTY OF CANADA INC | Jake Nicolle |
Features
| SQ Feet | 3,207 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | rc |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Brantford |
| City | Brantford |
| Postal Code | N3S 3B1 |
| Area | 2040 Terrace Hill | E & N Wards |
| Subarea | 2045 East Ward |
| Community Name | 2045 East Ward |
| Listing VS Median (in 2045 East Ward) | |
Price: $1,049,900 low | high Med: $499,900 SqFt: 3,207 low | high Med: 1,177 $ / SqFt: $327 low | high Med: $432 On Site: 53 low | high Med: 96.500000 | |