RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro, Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnovers would simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property, meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2 bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hot water tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rental potential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters. **EXTRAS** Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters.
MLS# | X11895372 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 63 |
Listing Provided By | EXP REALTY | Not Provided |
SQ Feet | 2,115 |
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Acreage | 0.05 |
State | ON |
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County | Brantford |
City | Brantford |
Zip Code | N3R 1G6 |
Listing VS Median (in N3R 1G6) | |
Price: $1,150,000 low | high Med: $1,150,000 SqFt: 2,115 low | high Med: 2,115 $ / SqFt: $544 low | high Med: $544 On Site: 63 low | high Med: 63.000000 |