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81 East Avenue, Brantford, Ont, N3S 3L6 $644,900

(519) 757 7042

Generating Captcha

4 Bedroom 3 Bathroom 2145 sqft
Central Air Conditioning Forced Air

$644,900

This is a fire rated brick triplex. Unit 1 is rented for $777. A new gas furnace was installed in 2023. It is a long term tenant and the market rent would be $1500. It is the main floor of the original house. Unit 2 is rented for $1333; it is a 2 bed with a balcony. The bathroom was redone about 3 years ago with an oversized shower. It is the total upstairs of the main house. Unit 3 is on the main floor of an addition to the back of the house. it has a covered porch and access to half of the back yard. The unit was totally renovated in 2024 ceiling to floor plus a new f/a gas furnace and central air. I have used a projected rent of $1600. Note: Tenants pay all utilities, gas, hydro and water (separate meters). rent $44450 less costs Taxes $3479, insurance $3000 and water heater rentals $432.n Tot Expense $6911. Net Income $37609 5.85 CAP RATE. (id:51992)

Property Details

MLS® Number 40665417
Property Type Multi-family
Amenities Near By Hospital, Public Transit
Features Paved Driveway
Parking Space Total 1
Structure Porch

Building

Bathroom Total 3
Bedrooms Total 4
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type Central Air Conditioning
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2145 Sqft
Type Triplex
Utility Water Municipal Water

Land

Access Type Road Access, Highway Access
Acreage No
Land Amenities Hospital, Public Transit
Sewer Municipal Sewage System
Size Frontage 50 Ft
Size Irregular 0.14
Size Total 0.14 Ac|under 1/2 Acre
Size Total Text 0.14 Ac|under 1/2 Acre
Zoning Description Rc