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RENOVATED FOURPLEX on DOUBLE LOT with NEW EVERYTHING. Market Rents with 6% Cap-Rate. Tenants pay Heat, Hydro & Water. NEW 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 (survey copy available). Don't miss out on this investment opportunity with potential for growth and increased profitability.
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.
City: Brantford
Purchase Price | $1250000 |
Down Payment | $250000 |
Mortgage Insurance | $0 |
Total Mortgage | $1000000 |
Mortgage Payment | $6162 |
Property Taxes | $383 |
Maintenance Fees | $0 |
Monthly Payment | $6545 |
Located at 44 Mary St , this Brantford house is available for sale. This property was listed for $1,250,000 on Fri Apr 05 2024. This house's size is 92.00 x 64.00 Feet. It has 7 bedrooms and 4 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Br, Living, Dining, Kitchen, Br, Office, Living, Dining, Kitchen. This property comes with 8 parking spots.
MLS#: X8202576 · $1,250,000 · 7 bedroom house in Brantford