44 Mary Street, Brantford, Ontario N3S 3B1 (27743028)
$1,049,900
$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability. **EXTRAS** Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle. (id:54662)
Property Details
| MLS® Number | X11895246 |
| Property Type | Single Family |
| Parking Space Total | 8 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Appliances | Water Heater |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Exterior Finish | Brick |
| Foundation Type | Concrete, Stone |
| Heating Fuel | Electric |
| Heating Type | Heat Pump |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 64 Ft |
| Size Frontage | 92 Ft |
| Size Irregular | 92 X 64 Ft |
| Size Total Text | 92 X 64 Ft |
| Zoning Description | Rc |
Interested in 44 Mary Street, Brantford, Ontario N3S 3B1?
Jake Nicolle
Salesperson
(289) 216-6852
jakenicolle.com/
www.facebook.com/JakeNicolle
4711 Yonge St Unit C 10/fl
Toronto, Ontario M2N 6K8
(866) 530-7737
(647) 849-3180