LOADING

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

(519) 757 7042

Generating Captcha

3644 sqft

$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 40654678
Property Type Office
Community Features High Traffic Area

Building

Basement Type Partial
Constructed Date 1855
Exterior Finish Brick
Stories Total 2
Size Exterior 3644.0000
Size Interior 3644 Sqft
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Frontage 68 Ft
Size Total Text Under 1/2 Acre
Zoning Description C4