44 Mary Street Active Save Request In-Person Tour Request Virtual Tour
Brantford,ON N3S 3B1
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 3,207 sqft
Price per Sqft $327
MLS Listing ID 40634770
Annual Tax Amount $4,597
Property Description
$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability.
Location
Province ON
County Brantford
Area 2040 - Terrace Hill/E & N Wards
Zoning rc
Rooms
Kitchen 0
Exterior
Waterfront No
Building
Lot Description Ample Parking,Schools
Story 2
Foundation Concrete Block,Stone
Sewer Sewer (Municipal)
Water Municipal
New Construction No