LOADING

254 Brant Avenue, Brantford, Ont, N3T 3J5 $1,100,000

(519) 757 7042

Generating Captcha

3 Bedroom 5 Bathroom 3467 sqft
Central Air Conditioning Forced Air

$1,100,000

Attention investors. Welcome to 254 Brant Ave. Featuring, an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 Lease), each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109. Upstairs, three updated 1 bedroom, 1 bathroom apartments. Monthly rent $850.00, $750.00, $1450.00. Gross income $73,908.00, Expenses: Gas $3044.49, hydro $3106.33 water $926.32, building insurance $1894.00 Property taxes $7189.00. Total expenses $16,160.14. net operating income $57,747.86. Cap rate of 5.2% Beautifully maintained, fully rented, mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances on the back and the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady stream of income and make this a great investment. This building is in pristine condition and would make an excellent addition your property portfolio. (id:51992)

Property Details

MLS® Number 40668634
Property Type Multi-family
Amenities Near By Hospital
Community Features High Traffic Area
Features Paved Driveway
Parking Space Total 7

Building

Bathroom Total 5
Bedrooms Total 3
Appliances Window Coverings
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type Central Air Conditioning
Exterior Finish Brick
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3467 Sqft
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital
Sewer Municipal Sewage System
Size Frontage 63 Ft
Size Total Text Under 1/2 Acre
Zoning Description C4