85 Park Avenue , Brantford, ON N3S 5H4
Brantford, ON N3S 5H4
Description
This legal 4-plex is a fantastic investment opportunity! Occupied will operate at an 8% cap rate! Featuring four spacious 2-bedroom units, each offering ample living space. With all units currently vacant, investors have the unique advantage of selecting their own tenants and renting at market rates. Additionally, this property is perfect for an owner-occupant, allowing you to live in one unit while generating income from the others, effectively covering your living expenses and enjoying cost free living! All units are separately metered for hydro allowing for minimal expenses to the property owner and very strong cashflow. This is a great opportunity for investors and aspiring home owners. Can be sold vacant or can fill units with people on waiting list.
Details
| MLS# | 40640971 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 12 |
| Listing Provided By | Royal LePage Brant Realty | Mike Cruz |
Features
| Bed(s) | 8 |
|---|---|
| SQ Feet | 3,012 |
| Basement | Y |
| Story(s) | 3 |
| Units | 4 |
| Zoning | RC |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Brantford |
| City | Brantford |
| Postal Code | N3S 5H4 |
| Area | 2040 Terrace Hill | E & N Wards |
| Subarea | 2040 North Park | Wood St. |
| Community Name | 2040 North Park/Wood St. |
| Listing VS Median (in 2040 North Park/Wood St.) | |
Price: $900,000 low | high Med: $749,919 SqFt: 3,012 low | high Med: 1,175 $ / SqFt: $299 low | high Med: $638 On Site: 12 low | high Med: 25.000000 | |
