$675,000
 $3,624 est/mo Sourced by Back At You

24 Duke Street , Brantford, ON N3T3T4

Brantford, ON N3T3T4

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Description

Investment Opportunity: Fully Rented Turnkey Income Property! Featuring four units, two of which have been recently updated. The property boasts a respectful tenant profile and currently generates an impressive gross income of $59,004 annually from residential units alone. Additionally, there is potential income from a coin-operated washer and dryer, estimated at approximately $1,800 per year. This property also offers the opportunity to rent out a detached two-car garage with a loft area, which was previously leased for $200 per month, providing further income potential. Key Updates: Roof replacement in 2020, Garage roof/eaves updated in 2022, 2 new furnaces in 2022, On-demand hot water tank in 2023, Unit 1: Main bath shower/bathtub surround updated in 2023; macerating toilet installed in lower bathroom in 2022, Unit 2: Kitchen flooring updated in 2022, Common area flooring and paint refreshed in 2022, Main home eavestroughs replaced in 2022. The property offers convenient parking for three vehicles in the driveway, along with space for two additional vehicles in the garage. This well-maintained income property presents a solid investment opportunity with reliable cash flow and room for growth. Don’t miss the chance to add this asset to your portfolio. (id:13843)

Details

MLS#40658007
Listing TypeFor Sale
StyleTown House
StatusActive
Days On Site37
Listing Provided ByRE/MAX Escarpment Realty Inc. | Jess Fabrizio

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet2,504
BasementY
Story(s)2
Units4
ZoningRC
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Listings Checked: 2 minutes ago
ProvinceON
CityBrantford
Postal CodeN3T3T4
Community Name2041 Terrace Hill
Listing VS Median (in 2041 Terrace Hill)
Price:
$675,000
low | high
Med:
$599,900
61.125925925926% of Average
SqFt:
2,504
low | high
Med:
1,673
83.206869009585% of Average
$ / SqFt:
$270
low | high
Med:
$408
2% of Average
On Site:
37
low | high
Med:
120.000000
30.833333333333% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $0 - $0
SqFt: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
143 - 147 WEST Street Unit# main Property Photo 1
$0
143 - 147 West Street Unit# Main
Brantford, ON N3T3G4
Listing Updated: October 14, 2024 at 1:55:27 PM PDT