$ 1,150,000
152 TERRACE HILL Street Brantford, ON N3R1G6
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$ 1,150,000
Est. payment | /mo
5 Beds
4 Baths
2,115 SqFt
$ 1,150,000
Est. payment | /mo
5 Beds
4 Baths
2,115 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,115 sqft
Price per Sqft $543
Subdivision 2041 - Terrace Hill
MLS® Listing ID 40634220
Bedrooms 5
Originating Board Cornerstone - Mississauga
Year Built 1890
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. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters. (id:24570)
Location
Province ON
Interior
Heating Heat Pump
Exterior
Garage Yes
Waterfront No
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by EXP REALTY OF CANADA INC
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Andy Katoch
Agent | License ID: LDKATOCAN