152 Terrace Hill Street, Brantford, ON N3R 1G6

  • $1,150,000
152 Terrace Hill Street, Brantford, ON N3R 1G6
  • X9258096
  • MLS® Number
  • Investment, Commercial
  • Property Type
  • 2115
  • Sqft
Active For Sale
152 Terrace Hill Street, Brantford, ON N3R 1G6
152 Terrace Hill Street, Brantford, ON N3R 1G6
  • $1,150,000

Description

RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro,Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnoverswould simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property,meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hotwater tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rentalpotential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, andbus routes, plus easy access to HWY 403, ideal for commuters.

Details

MLS® Number
X9258096
Property Size
2115 Sqft
Updated on December 11, 2024 at 7:37 pm

Additional details

  • Utilities: Yes
  • Cooling: Yes
  • County: Brantford
  • Property Type: Commercial Sale

Address

  • Address 152 Terrace Hill Street
  • City Brantford
  • State/county ON
  • Zip/Postal Code N3R 1G6

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
  • Firas AL-Rifay