5 Bedroom
2 Bathroom
1864 sqft
Central Air Conditioning
Baseboard Heaters, Forced Air
$579,900
This exceptional income-generating property brings in over $46,000 per year and offers a fantastic turnkey investment opportunity. Legally designated as a duplex, this cash-flowing property is situated in the heart of downtown Brantford, just a short walk from the casino and a variety of amenities, including Wilfrid Laurier University and Conestoga College campuses. Designed for convenience, the property features dedicated parking for each unit, accommodating up to four vehicles. A durable, low-maintenance metal roof adds to the long-term value. Each unit is separately metered for water and hydro, ensuring easy utility management. Currently, the lower unit is vacant, allowing for immediate possession or the opportunity to set a new rental rate. The upper unit is already rented at $2,000 per month, while the lower unit has the potential to bring in $1,850, both plus utilities. Additionally, there is the possibility of adding an auxiliary unit to further maximize cash flow. This is a rare opportunity to invest in a high-yield property in a prime location! Book you showing today! (id:51992)
Property Details
MLS® Number
|
40694441 |
Property Type
|
Multi-family |
Amenities Near By
|
Place Of Worship, Schools, Shopping |
Features
|
Southern Exposure, Paved Driveway |
Parking Space Total
|
4 |
Building
Bathroom Total
|
2 |
Bedrooms Total
|
5 |
Basement Development
|
Unfinished |
Basement Type
|
Partial (unfinished) |
Constructed Date
|
1885 |
Cooling Type
|
Central Air Conditioning |
Exterior Finish
|
Brick, Vinyl Siding |
Foundation Type
|
Poured Concrete |
Heating Fuel
|
Natural Gas |
Heating Type
|
Baseboard Heaters, Forced Air |
Stories Total
|
2 |
Size Interior
|
1864 Sqft |
Type
|
Duplex |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Place Of Worship, Schools, Shopping |
Sewer
|
Septic System |
Size Depth
|
90 Ft |
Size Frontage
|
49 Ft |
Size Total Text
|
Under 1/2 Acre |
Zoning Description
|
F-rc |