$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. (id:50617)
MLS® Number | 40634770 |
Property Type | Office |
AmenitiesNearBy | Schools |
ParkingSpaceTotal | 8 |
BasementType | Full |
ExteriorFinish | Brick |
FoundationType | Block |
StoriesTotal | 2 |
SizeExterior | 3207.0000 |
SizeInterior | 3207 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Schools |
Sewer | Municipal Sewage System |
SizeDepth | 64 Ft |
SizeFrontage | 92 Ft |
SizeTotalText | Under 1/2 Acre |
ZoningDescription | Rc |
https://www.realtor.ca/real-estate/27308111/44-mary-street-brantford
Contact us for more information