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215 Nelson Street, Brantford, Ont, N3S 4C5 $699,900

(519) 757 7042

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5 Bedroom 3 Bathroom 2340 sqft
None Baseboard Heaters, Forced Air

$699,900

Turnkey Triplex Investment in Brantford. This is an outstanding opportunity to own a fully rented triplex in a quiet and desirable location of Brantford. The property has been well maintained and features a strong rental mix with two one-bedroom units and one three-bedroom unit, all occupied by tenants who pay their own utilities. The building offers excellent amenities for tenants, including a backyard, parking for three vehicles, and a single garage. With a cap rate of 6.1%, this property already provides dependable rental income. The current tenants are stable and reliable, ensuring consistent returns for the next owner. This triplex also presents strong income potential for the future value through thoughtful improvements. Brantford continues to be one of Ontario’s fastest-growing communities, making this property a secure and appreciating investment. Opportunities to acquire a turnkey multi-residential property in a quiet, well-situated neighbourhood are rare. This is a chance to grow your portfolio with a strong asset that offers both immediate returns and long-term upside. Arrange your private showing and take advantage of this excellent investment opportunity. (id:51992)

Property Details

MLS® Number 40760474
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Public Transit, Schools, Shopping
Community Features Community Centre
Parking Space Total 3

Building

Bathroom Total 3
Bedrooms Total 5
Basement Development Partially Finished
Basement Type Partial (partially Finished)
Cooling Type None
Exterior Finish Brick
Foundation Type Block
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Size Interior 2340 Sqft
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Hospital, Park, Place Of Worship, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 132 Ft
Size Frontage 50 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rc