$1,100,000
 $5,905 est/mo Sourced by Back At You

254 Brant Avenue , Brantford, ON N3T3J5

Brantford, ON N3T3J5

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Description

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:374)

Details

MLS#40668634
Listing TypeFor Sale
StyleTown House
StatusActive
Days On Site11
Listing Provided ByRoyal LePage Action Realty | Lance Calbeck

Features

Bed(s)3
Bath(s) 5 Total
SQ Feet3,467
BasementY
Story(s)2
Units5
ZoningC4
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Listings Checked: 2 minutes ago
ProvinceON
CityBrantford
Postal CodeN3T3J5
Community Name2037 Lansdowne
Listing VS Median (in 2037 Lansdowne)
Price:
$1,100,000
low | high
Med:
$899,900
68.190909090909% of Average
SqFt:
3,467
low | high
Med:
2,574
75.75713873666% of Average
$ / SqFt:
$317
low | high
Med:
$350
39.808811895176% of Average
On Site:
11
low | high
Med:
16.000000
68.75% of Average
Sourced by Back At You
Listing Updated: October 30, 2024 at 12:19:43 AM PDT