CALLING ALL INVESTORS - An exceptional investment opportunity awaits you at 415 Chatham Street, Brantford. This triplex currently offers a yearly rental income of $72,600, with a potential cap rate of 3.41%!! With three fully occupied units, each comprising 2 bedrooms and 1 full bathroom, this property promises both immediate cash flow, currently over $2400/month (with the potential for more) and long-term value appreciation. This building is fully legal and permitted with all headaches taken care of. Updates include a newer roof, windows, all units freshly painted and updated, some plumbing and wiring also updated. A minor variance was done for parking, giving each unit its own exclusive parking space. The main and upper unit both have their own separate panel and the lower unit is wired for separate metering. You don’t want to miss out on adding this fantastic turnkey triplex to your portfolio. Check out the feature sheet for a full list of upgrades.
MLS# | 40649943 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1965 |
Days On Site | 21 |
Listing Provided By | Revel Realty Inc | Ashlee Juneau |
Bed(s) | 6 |
---|---|
Bath(s) | 3 |
SQ Feet | 1,736 |
Basement | Y |
Story(s) | 2 |
Units | 3 |
Zoning | R1C |
Province | ON |
---|---|
Region | Brantford |
City | Brantford |
Postal Code | N3S 4J4 |
Area | 2049 Echo Place | Braneida |
Subarea | 2050 Echo Place |
Community Name | 2050 Echo Place |
Listing VS Median (in 2050 Echo Place) | |
Price: $899,900 low | high Med: $649,000 SqFt: 1,736 low | high Med: 1,500 $ / SqFt: $518 low | high Med: $433 On Site: 21 low | high Med: 3.000000 |