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Description
$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.
Details
MLS® Number
X9260914
X9260914
Property Size
3207 Sqft
3207 Sqft
Additional details
- Utilities: Available
- Cooling: Yes
- County: Brantford
- Property Type: Commercial Sale
Address
- Address 44 Mary Street
- City Brantford
- State/county ON
- Zip/Postal Code N3S 3B1