Investor Alert! Unlock the potential of this fully renovated 4-unit property in Brantford's desirable Terrace Hill neighbourhood. Just minutes to Highway 403 and close to Wilfrid Laurier University, this turnkey multiplex offers excellent rental appeal with two 2 bedroom units and two 1 bedroom units. With three units currently leased and one ready to fill, there's immediate upside and long-term stability. Projected gross income of approximately $70,000 annually provides an ~8% cap rate and makes this a strong addition to any investment portfolio. Don't miss your chance to secure a cash-flowing asset in a high-demand location. (id:61852)
MLS® Number | X12263257 |
Property Type | Multi-family |
ParkingSpaceTotal | 1 |
BathroomTotal | 4 |
BedroomsAboveGround | 3 |
BedroomsBelowGround | 3 |
BedroomsTotal | 6 |
Appliances | Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator |
BasementDevelopment | Unfinished |
BasementType | N/a (unfinished) |
ExteriorFinish | Brick |
FoundationType | Unknown |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 2000 - 2500 Sqft |
Type | Fourplex |
UtilityWater | Municipal Water |
No Garage |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 111 Ft |
SizeFrontage | 43 Ft |
SizeIrregular | 43 X 111 Ft |
SizeTotalText | 43 X 111 Ft |
https://www.realtor.ca/real-estate/28560261/106-108-clarence-street-brantford
Contact us for more information
Tyler Delaney
Salesperson
Nick Den Haan
Salesperson