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162 Chatham Street, Brantford, Ont, N3S 4G4 $699,000

(519) 757 7042

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8 Bedroom 4 Bathroom 4251 sqft

$699,000

A Great Investment Opportunity! This impressive property has approximately 4,251sq.ft. above-grade plus a finished basement and there is a detached garage that offers the potential for an additional residential unit. Unit 1 features 4 bedrooms, 2 bathrooms, a covered front porch, large room sizes with a huge living room and dining room with pocket doors, a big eat-in kitchen, in-suite laundry, and a finished basement that has a recreation room and plenty of storage space. Unit 2 is currently vacant so you can set your own rent, and the new tenant can pay their proportionate share of the utilities based on square footage of the unit as per Ontario Regulation 349 and this unit offers 2 huge bedrooms, hardwood flooring, a big eat-in kitchen, in-suite laundry, and a 4pc. bathroom. Unit 3 has 2 large bedrooms, a bright living room with laminate flooring, a gas fireplace, another big eat-in kitchen, in-suite laundry, and a 4pc. bathroom. The 20’6” x 18’4” detached garage in the backyard could be rented as well but it also has the potential to be converted into an additional residential unit. The deck and fully fenced backyard space are shared by all tenants. This solid brick property has a fire escape, a new gas boiler was installed in October 2022, the character and charm of high ceilings and 10” baseboards, hardwood flooring and laminate flooring, on-demand water heater, large room sizes, and more. An excellent investment opportunity that generates more than $65,000 in annual rental income. Book a viewing before it's gone! (id:51992)

Property Details

MLS® Number 40657758
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Playground, Schools
Community Features Quiet Area
Features Southern Exposure, Paved Driveway
Parking Space Total 6
Structure Porch

Building

Bathroom Total 4
Bedrooms Total 8
Appliances Water Softener
Basement Development Finished
Basement Type Full (finished)
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Stories Total 3
Size Interior 4251 Sqft
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Highway Access
Acreage No
Fence Type Fence
Land Amenities Park, Place Of Worship, Playground, Schools
Sewer Municipal Sewage System
Size Depth 132 Ft
Size Frontage 50 Ft
Size Irregular 0.151
Size Total 0.151 Ac|under 1/2 Acre
Size Total Text 0.151 Ac|under 1/2 Acre
Zoning Description Rc