REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,150,000
Est. payment | /mo
2,115 SqFt
$ 1,150,000
Est. payment | /mo
2,115 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,115 sqft
Price per Sqft $543
MLS Listing ID X11895372
Annual Tax Amount $4,085
Tax Year 2023
Property Description
RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro, Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnovers would simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property, meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2 bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hot water tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rental potential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters.
Location
Province ON
County Brantford
Area Brantford
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Depth 188.08
Others
Security Features No
Listed by EXP REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "