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$1,150,000
Available - For Sale
Listing ID: X9258096
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). Turnoverswould 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 1-2bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hotwater tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rentalpotential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, andbus routes, plus easy access to HWY 403, ideal for commuters.
Extras:   Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters.
Price $1,150,000
Taxes: $4,085
Tax Type: T.M.I.
Assessment: $295000
Assessment Year: 2023
Occupancy by: Tenant
Address: 152 Terrace Hill St , Brantford, N3R 1G6, Ontario
Postal Code: N3R 1G6
Province/State: Ontario
Lot Size: 41.72 x 188.08 (Feet)
Directions/Cross Streets: West St/Terrace Hill St.
Zoning: RC,OS1
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 2,115
Total Area Code:  Sq Ft
Approximatly Age: 100+
Franchise: N
Sprinklers: N
Heat Type: Other
Central Air Conditioning: Y
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

152 Terrace Hill St , Brantford, N3R 1G6, Ontario


 
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Type: Com - Investment
Area: Brantford
Municipality: Brantford
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Lot Size: 41.72 x 188.08(Feet)
Approximate Age: 100+
Tax: $4,085
Maintenance Fee: $0
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