$849,900

Investment For Sale In West Brant, Brantford, Ontario

$849,900

Property Information:

**7.1% CAP RATE** Welcome to an exciting offering in the extremely popular city of Brantford. This TRIPLEX not only offers 3 units with updated interiors, all with separate hydro meters, and parking for each unit, but it also offers a FOURTH rentable space in the detached workshop. The property itself has been craftily designed, to enhance each units unique livability, giving this building the ability to attach an almost universal audience. There is a main floor unit with no stairs, an upper private unit with a cozy juliet balcony and the last unit offers main floor living with a surprisingly large basement to enjoy as well. ALL THE RENTS ARE MARKET RENTS, yes you read that correct, this building has been flipped in the recent years with modern leases all paying market rents. This building offers a 7.1% CAP RATE. In a time where the comparable properties are still stuck in the 5's. This is a rare chance to own a key turn investment property and start CASH FLOWING TODAY, EVEN WITH A MORTGAGE.

Inclusions: Other

Building Features:

  • Floor Space: 1345 Square Feet

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Partial, Finished
  • Built in: 1880
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 1345 Square Feet
  • Heating: Natural Gas, Radiant
  • Interior Features: Accessory Apartment, Auto Garage Door Remote(s), Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 155 Feet
  • Lot Features: Rectangular, High Traffic Area, Playground Nearby, Public Transit, Quiet Area, School Bus Route
  • Lot Frontage: 39.99 Feet
  • Parking Features: Detached Garage, Asphalt
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: RC
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: Re/Max Twin City Realty Inc.

Data provided by: Brantford Regional Real Estate Association Inc. 106 George Street, Brantford, Ontario N3T 2Y4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved