81 East Avenue, Brantford, ON, N3S 3L6

$644,900

MLS® # 40665417

Investment For Sale In East Ward, Brantford, Ontario

$644,900

Property Information:

This is a fire rated brick triplex. Unit 1 is rented for $777. A new gas furnace was installed in 2023. It is a long term tenant and the market rent would be $1500. It is the main floor of the original house. Unit 2 is rented for $1333; it is a 2 bed with a balcony. The bathroom was redone about 3 years ago with an oversized shower. It is the total upstairs of the main house. Unit 3 is on the main floor of an addition to the back of the house. it has a covered porch and access to half of the back yard. The unit was totally renovated in 2024 ceiling to floor plus a new f/a gas furnace and central air. I have used a projected rent of $1600.Note: Tenants pay all utilities, gas, hydro and water (separate meters).rent $44450 less costs Taxes $3479, insurance $3000 and water heater rentals $432.n Tot Expense $6911. Net Income $37609 5.85 CAP RATE.

Inclusions: Smoke Detector

Building Features:

  • Floor Space: 2145 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Construction Materials: Brick
  • Cooling: Central Air
  • Driveway Parking: Private Drive Single Wide
  • Exterior Features: Balcony
  • Floor Space (approx): 2145 Square Feet
  • Heating: Forced Air, Natural Gas, Wall Furnace
  • Interior Features: Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: None
  • Lot Features: Rectangular, Highway Access, Hospital, Public Transit
  • Lot Frontage: 50.00 Feet
  • Parking Features: Asphalt
  • Road Frontage Type: Public Road
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Water Treatment:
  • Zoning: rc
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 1

Courtesy of: Royal LePage Action Realty

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

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