$524,900

Investment For Sale In East Ward, Brantford, Ontario

$524,900

Property Information:

Grand VACANT duplex in the heart of Brantford on an extra deep 132' lot! 254 Darling Street is a welcomeaddition to any investor's portfolio, as a house-hacking option or to provide an in-law suite for a familymember. A front and rear setup where this duplex offers a full sized 2 storey 3 bed, 1 bath unit in the front(w/ basement storage) and a two level oversized bachelor in the rear w/ updated finishes. Units includeseparate hydro meters & are uniquely connected at the interior basement level also maintaining separate hotwater heaters with a sump pump. Generating projected monthly rents of $3400 ($2200-main, $1200-rear)while passing on utilities to tenants with an estimated positive cash flow position of ~$900 with 20% down.This property offers plenty of upside with the ability to consider building out a garage suite or to convert themain house into a 4 bedroom unit using the large dining room on the main floor. Great cash flowing assetwith ADU upside potential in a declining interest rate environment where rental rates are stable and graduallyclimbing! Property is a must see!

Inclusions: None,2 Fridges, 2 Stoves, 1 Range-Hood, Washer & Dryer

Exclusions : None.

Building Features:

  • Floor Space: 1548 Square Feet

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Unfinished
  • Construction Materials: Brick Veneer, Vinyl Siding
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 1835 Square Feet
  • Heating: Radiant
  • Interior Features: Accessory Apartment, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 132 Feet
  • Lot Features: Hospital, Library, Place of Worship, Public Parking, Rec./Community Centre, Schools
  • Lot Frontage: 29.75 Feet
  • Parking Features: Detached Garage
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: RC
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: Revel Realty Inc.

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